The tax season may be over for most taxpayers, but fraudsters do not give up. The Internal Revenue Service (IRS) has recently warned taxpayers and tax professionals against a new fraudulent...
Posted by Elliot Kravitz, ATP on 09/30/2019
The points you paid for when you signed a mortgage to buy your home can help you reduce your federal tax bill. With scores, sometimes referred to as loan origination points or discount...
Posted by Elliot Kravitz, ATP on 09/30/2019
College education can set you back by a substantial sum. In 2017-2018, a four-year course in a private college would entail an expense of about $34,740. It could take you the best...
Posted by Elliot Kravitz, ATP on 09/30/2019
More people are choosing to work from home with the rising influence of computers and information technology in the workplace. Working from home allows you to deduct home office expenses...
Posted by Elliot Kravitz, ATP on 09/30/2019
By providing a better user experience and control over various aspects of money management, financial technology (Fintech) applications are an effective and convenient way to take...
Posted by Elliot Kravitz, ATP on 08/02/2019
Interest rates will continue rising in 2019. But savings rates, mortgages, certificates of deposit, and credit cards are growing at different speeds. Each product is based on a different...
Posted by Elliot Kravitz, ATP on 08/02/2019
Over the last 70 years, child support payments have been deductible by the payer and taxed as income for the recipient (note that significant rule changes occurred in 1984). The previous...
Posted by Elliot Kravitz, ATP on 08/02/2019
An annuity is a contract that exists between you and an insurance company to cover specific objectives, such as lifetime income, principal protection, legacy planning or care cost...
Posted by Elliot Kravitz, ATP on 07/25/2019
The eighteenth-century philosopher and economist Adam Smith endeavored to systematize the standards that ought to oversee a sound arrangement of taxation. In The Wealth of Nations...
Posted by Elliot Kravitz, ATP on 05/29/2019
