by Fishman, Block + Diamond, LLP | Dec 17, 2020 | Tax
The period between filing last year’s tax return and this year’s return is the perfect time to organize your tax records. Granted, it may not be something you relish doing, but tackling this now can save you a multitude of headaches later. Tax law rules Generally, you...
by Fishman, Block + Diamond, LLP | Dec 17, 2020 | Tax
Despite its name, the “kiddie tax” is far from child’s play. And a change made by the Tax Cuts and Jobs Act (TCJA) puts some adult teeth into the tax. Now, children with unearned income may find themselves in a tax bracket higher than that of their parents. At the...
by Fishman, Block + Diamond, LLP | Dec 17, 2020 | Tax
Many business owners use a calendar year as their company’s tax year. It’s intuitive and aligns with most owners ’personal returns, making it about as simple as anything involving taxes can be. But for businesses whose primary operating season doesn’t fall neatly...
by Fishman, Block + Diamond, LLP | Dec 17, 2020 | Tax
There are virtually countless charitable organizations to which you might donate. You may choose to give cash or to contribute noncash items such as stock, personal property, or real estate. Whatever you donate, once you do the good deed, you owe it to yourself to...
