Feature Article

Visit social media or Google these days and you will most likely see advertisements for tax planning. But many taxpayers (and even tax professionals) are confused about the differences between tax planning... Dominique Molina, CPA

Feature Article

How many times over the last few tax seasons have you found yourself having to tell your client: “Sorry, the 2017 tax cut doubled the amount of the standard deduction so your deductions are not enough to make a difference?” Or “The 201... Keith A. Espinoza, EA

Your Questions Answered

QUESTION #1: My client, Camille, has been spending significant amounts of time reorganizing her home amid the pandemic. She spent time going through dressers, closets, the attic, the basement, and even the garage. She identified many items that sh... Catherine Martin, JD

Feature Article

Now that the extended deadlines have passed for 2018 returns, we can take a moment to reflect on the lessons learned throughout a challenging year. Below we have put together five major takeaways we have come across to aid in planning for the 2019 tax year and beyond. To this end, please kee... Megan Bierwirth, CPA

Tax Court

Barry Leonard Bulakites, Petitioner v. Commissioner of Internal Revenue, Respondent Many taxpayers prepare their own tax returns, without professional help, by using off-the-shelf retail software programs. These programs often offer recommendations based upon the information that is inputted by the taxpayer and may also provide one-toone answers... Steven R. Diamond, CPA