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andrew hurricane damage

Just Announced: Tax Relief For Irma Victims

Breaking News! If you’re still struggling with power outages and downed trees, here’s some welcome relief on the tax front. You don’t need to worry right away about filing tax returns that may be on extension, or making estimated tax payments due September 15. The IRS is providing help to the victims of Hurricane Irma. […]

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FPA South Florida Las Oas

Making Florida Your New Home? Here’s How To Avoid Tax Problems

We were talking to a new Florida resident the other day in our office. After a lifelong career in media in New York, he called it a day and moved to South Florida to retire. Part of our conversation revolved around what he needs to do to establish residency in Florida and avoid any future […]

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Don’t Forget: Estimated Tax Payments Due June 15

Don’t forget…. If you pay quarterly estimated taxes, your second estimate for 2017 is due Thursday, June 15.

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Quote Of The Week: Is Tax Reform DOA?

“The boldest ideas for changing the nation’s tax code are either dead or on political life support, as the Republican effort in Congress to reshape the tax system moves much more slowly than lawmakers and their allies in business had hoped. …. The clear winner, so far, is the status quo.” Richard Rubin, “GOP Bid […]

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greg blatt with dog

The Dog Did It: How One Rescue Pooch Saved Her Owner Over $400,000 In Taxes

You’ve heard that a dog is a man’s best friend, right? Here’s a heartwarming story about a man who loved his rescue dog so much that he transported her cross-country when his job relocated. She repaid his devotion by saving him $430,000 in a landmark New York tax case. Gregory Blatt, CEO of dating sites Match.com, Tinder, and […]

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woman home with child

Another Last Minute IRA Tip: Helping The Stay-At-Home Spouse Keep Up

For non-working spouses, it’s often a case of “out of sight, out of mind.” And what’s forgotten is their own retirement security. Once the non-working spouse is out of the workforce, they usually neglect to fund their own retirement accounts. Many people don’t realize that even if you are not holding down a job, you are eligible […]

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Last Minute IRA Tip: Don’t Let Divorce Derail Your Retirement

Here’s a last minute IRA tip that can help you stay on track for a comfortable retirement: Many divorced people who are receiving alimony neglect to fund their IRAs every year. That’s a mistake, because putting money aside each year into your Traditional or Roth IRA can help you keep your retirement savings on target, and […]

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tax season plunder

Timely Tax Tips To Keep You De-Stressed During Tax Season

It’s tax season again! Here’s some helpful tips for clients that we hope will make the season less stressful: Due to local holidays in some regions, you have a few extra days to file your taxes and to make IRA and Roth retirement contributions. The tax deadline this year is Tuesday, April 18, 2017. If you’re a candidate […]

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Start The New Year Right: Preparing For The Tax Changes Ahead

With the new Trump administration coming on board, we’re likely to see big changes in income taxes before the year is out. Here’s a quick cheat sheet of what you might expect: Details still uncertain. We don’t know yet which – if any – of Trump’s tax reform proposals will be adopted. Republicans in Congress […]

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Last Minute News From Our Workshop

Like the elves in Santa’s workshop, we’ve been working hard to make sure everyone is ready for the 2016 year-end and well-positioned for the 2017 New Year. Here’s what that means: Taking your full Required Minimum Distribution (RMD) for the year from your IRA and other retirement accounts, so you can meet IRS requirements. Reviewing capital gains […]

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