Here’s what you can do to increase the chances for you or a loved one to maximize their tax deduction for assisted living.
Profit & Tax Blog
The Marriage Penalty is Alive and Well
Whether you’re changing your filing status in 2019 because of marriage, divorce or another event (or it’s staying the same), you should review this information and plan accordingly.
A Smarter College Housing Option
For college bound kids, instead of renting a dorm, buying a condo or small house might make more sense. This can save money and provide tax breaks, but you need to do the math and be aware of the risks. Read on for more.
Avoid the Pitfalls of Selling Property to Family
Before you sell your house to your family member, you should review the tax consequences of your decision. We’re here to help. Read on for more.
IRS ALERT: Two New Tax Scams
The IRS remains on the lookout for tax scams that can blindside unsuspecting taxpayers. Now two variations of past scams are currently making the rounds. Here’s what you need to know. Read on for more information.
Retirement Basics: Understanding Tax Efficiency
Understanding how progressive tax rates apply to ordinary income creates a tremendous retirement planning opportunity. Read on for more information.
Don’t Fall for These 5 Audit Myths
Separating truth from fiction is an important exercise for everyone. Here are five audit myths that, if believed, can cost you during an audit.
4 Awesome Summertime Tax Saving Tips
Summer is usually the time for relaxing, but it can also be a time for tax savings, especially if you’re still reeling from an unexpectedly large tax bill in April. Here are four timely tips:
3 Great Charitable Deduction Ideas
Here are three prime examples of charitable tax breaks ripe for the picking if you know where to look. Read on for more!
Replacing Lost Tax Breaks for Your Growing Children
Tax breaks drop dramatically as your children grow up, but you may be able to offset the losses with some timely tax planning. Consider the following tax events based on the age of your child. Read on for more information!














