Tax Planning Articles

Tax Planning Articles

Tax Benefits of Home Ownership


In tax lingo, your principal residence is the place where you legally reside. It's typically the place where you spend most of your time, but several other factors are also relevant in determining your principal residence. Many of the tax benefits associated with home ownership apply mainly to your principal residence — different rules apply [...]

Tax Benefits of Home Ownership2019-10-28T14:42:31-04:00

Tax Planning for the Self-Employed


Self-employment is the opportunity to be your own boss, to come and go as you please, and oh yes, to establish a lifelong bond with your accountant. If you're self-employed, you'll need to pay your own FICA taxes and take charge of your own retirement plan, among other things. Here are some planning tips. Understand [...]

Tax Planning for the Self-Employed2019-10-28T15:00:15-04:00

Choosing an Income Tax Filing Status


Selecting a filing status is one of the first decisions you'll make when you fill out your federal income tax return, so it's important to know the rules. And because you may have more than one option, you need to know the advantages and disadvantages of each. Making the right decision about your filing status [...]

Choosing an Income Tax Filing Status2019-10-28T15:01:50-04:00