Tax Tips Archives | Page 2 of 5 | Omlin, Gunning & Associates, P.S.

How to Maximize Deductions for Assisted Living

August 16, 2019 admin

It’s possible that someone in your family will need assisted living care at some point in their life. This care…

July 23, 2019 admin

The IRS remains on the lookout for tax scams that can blindside unsuspecting taxpayers. Now two variations of past scams…

July 10, 2019 admin

Retirement Basics: Understanding Tax Efficiency One of the basics in retirement is to be as tax efficient with your income…

June 19, 2019 admin

Replacing Tax Breaks for Your Growing Children Your kids are getting older. Before you know it they’ll be dating, driving…

June 10, 2019 admin

Reminder: Second Quarter Estimated Taxes Due If you have not already done so, now is the time to review your…

June 3, 2019 admin

New contribution limits are on the horizon The savings limits for the ever-popular health savings accounts (HSA) are now set…

May 28, 2019 admin

Ways to minimize net investment income (NII) tax The new tax legislation enacted late in 2017 rewrites large sections of…

May 20, 2019 admin

Landlords: Review the new 199A safe harbor rule Owners of pass-through entities (S corporations, partnerships and limited liability companies) and…

May 13, 2019 admin

Watch out for the home office tax trap The home sale exclusion is one of the biggest tax breaks around.…

April 17, 2019 admin

5 tax reminders for gig economy workers Are you involved in the gig economy — or the labor market made…