What is a Donor-Advised Fund?
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…
What is a Qualified Charitable Distribution?
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…
Key Decisions for Trust and Estates
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…
Maximizing Your Charitable Giving Deductions
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,…
New Tax Changes with Home Ownership
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…
Tax Planning and Analysis
September typically marks the beginning of "tax planning season" for many clients, especially business owners, who are trying to get a handle on their upcoming tax obligations. Below is some…