deducting alimony

Divorce and Taxes – 4 Issues to Consider

Divorce and Taxes – 4 Issues to Consider

When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning and advice, some people find divorce to be an even more taxing experience. Several tax concerns need to be addressed to ensure that taxes are kept to a minimum and

Sonya Foster2021-04-12T14:53:29-06:00November 17th, 2020|

2 Major Tax Law Changes for Individuals in 2019

2 Major Tax Law Changes for Individuals in 2019

While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through 2025 or are permanent, there are two major changes under the act for 2019. Here’s a closer look. 1. Medical expense deduction threshold With rising health care costs, claiming whatever

Sonya Foster2021-04-12T14:55:31-06:00January 15th, 2019|