Currently viewing the tag: "taxes"

Both political parties have endorsed their candidate for President and the race is on to see who the American people will choose as the 45th President of the United States. The November 8th election is soon and the new President will have a lot to say about the future of tax reform. The tax plans put forth by […]

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Tax season is about to begin and your mailbox will soon be filled with reporting documents.

You need to report all your income, but the goal is to end up paying the smallest amount of tax. The best way to reach this goal is to take all the deductions allowed. Here are a few of […]

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Last week I talked about the double taxation of dividends. Corporations pay tax on their earnings which are taxed a second time when they are distributed to the shareholder as dividends. The Jobs and Growth Tax Relief Reconciliation Act of 2003 was an attempt by Congress at minimizing the tax bite by allowing dividends to […]

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For most accounting professionals, tax season ends with a sigh of relief on April 15. But not for June Wesbury. June, who is a retired C.P.A. and Willow Valley Communities, Lancaster PA, Resident, volunteers year-round as Lancaster County’s regional coordinator for the AARP Tax-Aide program.  Tax-Aide is the largest […]

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In Part I of our Estate Planning series we spoke briefly on the important documents you need to gather before reviewing your Estate Planning portfolio. In Part II, we will be looking into some of the common titles for individuals who are involved in estate planning documents.

Executor, Guardian and Trustees:

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