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Important News

  • Tax Due Dates
  • 2022 Long Term Capital Gain Rates

    Tax is applicable on Long Term Capital Gains (LTCG) if your income (NOT INCLUDING LTCG NOR DIVIDENDS) exceeds                                   Single                                $41,675           […]

    Read More… from 2022 Long Term Capital Gain Rates


    June 27, 2022
  • Including Extensions

    In reading code (if you ever try to read it you will know why it is called CODE) and regulations (U.S. Treasury Dept interpretation of the Code–this is what we think it means) you will find the term INCLUDING EXTENSIONS. This means INCLUDING A TIMELY FILED EXTENSION. […]

    Read More… from Including Extensions


    January 27, 2022
  • RECOVERY REBATE CREDIT & Social Sec Card Wording

    RECOVERY REBATE CREDIT ELIGIBILITY You are not eligible for the Recovery Rebate Credit claimed on a 2020 tax return if any of the following applies: You may be claimed as a dependent on another taxpayer’s 2020 return (for example, a child or student who may be claimed on a parent’s return or a dependent parent […]

    Read More… from RECOVERY REBATE CREDIT & Social Sec Card Wording


    January 27, 2022
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