Prove your gambling losses

  • October 19, 2017

Frequently, gambling loss deductions are denied because taxpayers fail to keep the records required for write-offs. In a pinch, you might resort to the “Cohan...

U.S. Savings Bonds: A tax education

  • October 12, 2017

Areader recently wrote us about a tax dilemma. “We bought U.S. Savings Bonds for my daughter when she was born and she also received Series EE Bonds as gifts. Now...

Set up for 2018 success in Outlook

  • October 03, 2017

With the year-end and holiday season looming for almost everyone, the time to start thinking about setting yourself up for success is now.

Park property in like-kind exchange

  • September 19, 2017

Pulling off a like-kind exchange under Section 1031 is often easier said than done. Usually, the owner of property you have your eyes on isn’t interested in any...

3 good ideas for bad debts

  • September 14, 2017

Are you having trouble collecting money for goods or services your business has provided? Consider these three strategies for securing bad-debt deductions.

Moving from Outlook to Gmail

  • July 21, 2017

Those who are accustomed to Outlook’s robust features may be a little grumpy when switching to Gmail. Here are some noteworthy points and coping strategies.

Focus on constructive dividends

  • July 19, 2017

Although dividends paid by C corporations are taxable to the extent of the company’s earnings and profits (a tax term of art), they generally are eligible for...

Face tax reality for fantasy sports

  • July 14, 2017

Fantasy sports is sweeping the nation. It can range from casual leagues just for fun to heavy betting for high stakes. Strategy: Learn the tax consequences. If you...

Word properties: Built-in fill-ins

  • July 03, 2017

If you create letters, reports, contracts, memoranda or other documents that are very similar except for some key information, you may be able to save yourself some time.

Capture tax rewards for ISOs

  • June 21, 2017

Do you own incentive stock options (ISOs) issued by your company? They can provide big tax benefits if you’re careful.

View deductions for skybox rentals

  • June 06, 2017

Have you finally made it big in the business world? You might enjoy your success by buying skybox seats for your favorite local sports team. Unfortunately, however, the...