Category Archives: Tax and Money Tip of the Week

TMTW#441- S Corp Owners: Avoid This S Corporation Health Insurance Deduction Mistake

Posted on July 10, 2019 by taxblogger

Tax and Money Tip of the Week: S Corp Owners: Avoid This S Corporation Health Insurance Deduction Mistake July 10, 2019 | No. 441 If you own more than 2 percent of an S corporation, you have to do three things to … Continue reading →

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TMTW #440 – Happy 4th of July!

Posted on July 3, 2019 by taxblogger

Tax and Money Tip of the Week: Happy 4th of July! July 3, 2019 | No. 440 Wishing you and your family a Happy 4th of July! Questions or Comments? You can add comments on the blog, call 919-847-2981, or visit our web site. … Continue reading →

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TMTW#439 – Rental Property: Know These Tax Rules If Your Average Rental Is Seven Days or Less

Posted on June 26, 2019 by taxblogger

Tax and Money Tip of the Week: Rental Property: Know These Tax Rules If Your Average Rental Is Seven Days or Less June 26, 2019 | No. 439 If you own a condominium, cottage, cabin, lake or beach home, ski lodge, or … Continue reading →

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TMTW#438 – Life Insurance Policy Loan: Can Be A Tax Nightmare

Posted on June 19, 2019 by taxblogger

Tax and Money Tip of the Week: Life Insurance Policy Loan: Can Be A Tax Nightmare June 19, 2019 | No. 438 Do you have an insurance policy that has built up an internal cash value? Are you taking loans from your … Continue reading →

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TMTW #437 – TCJA Allows Bonus Depreciation on Purchase of Leased Vehicle

Posted on June 12, 2019 by taxblogger

Tax and Money Tip of the Week: TCJA Allows Bonus Depreciation on Purchase of Leased Vehicle June 12, 2019 | No. 437 Before the Tax Cuts and Jobs Act (TCJA), your purchase of the vehicle you were leasing did not qualify for … Continue reading →

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TMTW #436 – Backdoor Roth IRA Opportunities Still Available After TCJA

Posted on June 5, 2019 by taxblogger

Tax and Money Tip of the Week: Backdoor Roth IRA Opportunities Still Available After TCJA June 5, 2019 | No. 436 Good news. The Tax Cuts and Jobs Act (TCJA) did not harm the backdoor Roth strategy. As you likely know, the … Continue reading →

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TMTW #435 – Happy Memorial Day!

Posted on May 22, 2019 by taxblogger

Tax and Money Tip of the Week: Happy Memorial Day! May 22, 2019 | No. 435 We would like to take the time to wish everyone a safe and happy Memorial Day! Questions or Comments? You can add comments on the blog, call 919-847-2981, … Continue reading →

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TMTW #434 – Don’t Claim Social Security at 62. Unless…

Posted on May 15, 2019 by taxblogger

Tax and Money Tip of the Week: Don’t Claim Social Security at 62. Unless… May 15, 2019 | No. 434 Click Here to read about claiming Social Security from an article in “The Wall Street Journal’. Questions or Comments? You can add … Continue reading →

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TMTW # 433 – Get ready to launch a solo 401K retirement plan

Posted on May 8, 2019 by taxblogger

Tax and Money Tip of the Week: Get ready to launch a solo 401K retirement plan May 8, 2019 | No. 433 Click Here to read an article about solo 401K plans. Questions or Comments? You can add comments on the blog, call … Continue reading →

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TMTW #432 – Tax Reform Attacks Home Mortgage Interest Deductions

Posted on May 1, 2019 by taxblogger

Tax and Money Tip of the Week: Tax Reform Attacks Home Mortgage Interest Deductions May 1, 2019 | No. 432 Tax Reform Attacks Home Mortgage Interest Deductions The recent tax reform contains two big changes to how much you can deduct in … Continue reading →

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