Have you invested in a PTP or are considering doing so? If so, read on... What is a Publicly Traded Partnership (PTP)? A publicly traded partnership (PTP) is any partnership…
A simple, flexible and tax-efficient way to give to your favorite charities. A donor-advised fund is like a charitable investment account, for the sole purpose of supporting charitable organizations you…
Use QCDs to manage your required minimum distributions from an IRA. A qualified charitable distribution (QCD) allows individuals who are 70½ years old or older to donate up to $100,000…
The elimination of Miscellaneous Itemized Deductions that are subject to the 2% floor under the Tax Reform Act applies to Estates and Trusts. This includes Tax Preparation fees (unless they…
How to get the greatest tax deduction The first question to ask is, "With the increase in the standard deduction, will I still benefit by itemizing my deductions?" If not,…
If you currently own a home or are looking to purchase a home, you need to be aware of the tax changes that will impact your home tax deductions. You…
