Because there are so many people whose home, car or property was damaged in a hurricane or even that big California fire, I thought I would give you a tax primer on what […]
Don’t Dial *72
Sadly, I never seem to run out of material on scams. Scammers keep dreaming up new scams or simply improve on the ones they have. The scam: An individual that I know just […]
Sandy‘s “Heroic” Thoughts
“You can’t make me be nice. You can’t make me be good. You can’t make me believe. But your example, your kindness, your patience, and love will affect me perhaps enough that eventually, […]
Disaster Tax Relief 3
Under current law, an individual who itemizes can deduct charitable contributions up to 50%, 30%, or 20% of their adjusted gross income (AGI) depending on the type of property donated and the type […]
Disaster Tax Relief 2
Eased access to Retirement Funds: Normally, a loan from a qualified pension plan is treated as a taxable distribution unless the loan doesn’t exceed the lesser of (A) $50,000 or (B) half of […]
Disaster Tax Relief
On Sept 29th, President Trump signed into law the “Disaster Tax Relief and Airway Extension Act of 2017.” Among the things passed are loosened restrictions for claiming personal casualty losses, tax-favored withdrawals from […]
Taking Advantage of Natural Disasters
After natural disasters like Hurricanes Irma and Harvey, unlicensed contractors and scammers often come into the affected area promising immediate clean-up and debris removal. Some demand payment up-front for work they never do. […]
News You Can Use
Every so often, I post about new, interesting cases or other items that I feel my Facebook friends would find interesting, useful or both. Have you ever had a talented kid whose talent […]