While many of us do not enjoy the prospect of planning for our own demise, estate planning does serve a function. It provides a way to make sure that our wealth and our wishes are...
For many individuals, the provisions of the Affordable Care Act (ACA) have resulted in specific tax credits and potential penalties. Individuals and employers all have criteria to...
If you sold your home last year, Laurence Smith and associates at Book 2 Tax want to help you take advantage of the Home Sale Gain Exclusion. Our knowledgeable staff of accountants...
It’s not every day that the words “Expatriate Tax” cross your path. Generally speaking, it’s not the most common of tax situations even if you’re a tax preparer. If you already...
April 16, 17, 18…and you have not filed your tax return. Clearly you have passed the annual deadline for filing your federal income tax return and pay the taxes you owe. By law,...
What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
North Carolina income taxes differ slightly from the income taxes of the surrounding states. For instance, North Carolina used to allow taxpayers to take all the itemized...
AccountantIt is evident that the stock market has rallied immensely over the past four or so years, leaving several investors with very large capital gains and even some large positions...
For many years, Johnson, Johnson & Associates, Inc in Yeadon, PA has been harvesting tax losses was almost exclusive to the wealthy. You couldn’t hear too many locals talking...