{8 minutes to read} This month, the nation of America pauses for a day, Memorial Day, to remember the men and women who “traded” their lives for the welfare of our country & residents. Some died on the battlefield, while others succumbed to illness because of what they experienced on the battlefield. One lasting effect is… Read More
{6 minutes to read} The doors are now open to the 2023 tax season, with the IRS extending a little empathy toward certain losses. Are you an investor and a victim of a possible investment scam such as a Ponzi scheme? The IRS may allow a deduction for that. But before we get into the… Read More
Greetings, and Welcome to Year 2023! Our Resolutions — Are They Transcendent or Temporal? {5 minutes to read} I wonder how you and I would relate to each other daily — if our resolutions were transcendent, and not temporal – can you imagine that? (Please pardon the lengthiness of this article. I’m just asking… Read More
Have you done your Annual Check-ups? Before the year ends, check out these Seven Essentials — which ones apply to you and yours? Last month the curtain came down on the 2021 Tax Year filing. At times it’s in retrospect that we sometimes gain a clearer perspective on how best to incorporate life’s lessons into… Read More
{6 minutes to read} The act of forgiveness is becoming more popular within certain branches of government. One of the most recent acts of forgiveness was extended by the Biden–Harris Administration, however, forgiveness may not be extended to all. In this article, you will find information related to the following: Penalty abatement for individuals and… Read More
{14 minutes to read} This is the second of two newsletters, with a look-back on the “Lost Years.” The first newsletter was individual-focused, and in that article, I discussed topics such as primary home sales, retirement withdrawals, pandemic residency audits, and the necessity of a written will, among others — in case you missed it,… Read More
Greetings to You — Independence Day! Today, Americans across the nation celebrate another year of “freedom” from the Great Britain. With pride, last night I looked onto the red, white and blue city skyline while strolling the river in Brooklyn, yet as my thoughts deepened, I wonder if there was still some pride left in… Read More
This is the first of two articles – this first one is more individual-focused; the next will be focused on entrepreneurs (including sole practitioners/independent contractors) and small-business. In that article, I will discuss Pass-Through Entity Tax (PTET) and ways to manage the generous but short-lived Qualified Business Income Deductions (QBID). But first, let’s look back… Read More
{6 minutes to read} You may agree with me that there have been multiple moving parts with businesses in 2021 — grants, loans, credits, more deductions, and the list goes on. Coupled with the virus — doing its own thing — we still have a business to operate, even though it may not be business… Read More
{6 minutes to read} Let’s look – strategically and intentionally. As we look back, consider the wise words from two individuals who share the same first name: Warren W. Wiersbe, an American clergyman/biblical teacher wrote, “you do not move ahead by constantly looking in a rear-view mirror. The past is a rudder to guide you,… Read More