Tag Archives: Taxes

Relocating to Florida – Part 2

Understanding Death Taxes When You Own Real Property in Florida and Pennsylvania

Relocating To Florida BeachesIf you live in Florida and own real property in Pennsylvania or another state, or are looking to change your domicile to Florida, but wish to retain a …

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Relocating to Florida – Part 1

Benefits of Becoming a Florida Resident – Part 1A Florida residence tax benefits of living in Florida

Do you own a home in Florida? Have you ever considered becoming a Florida resident?

Florida has some attractive tax benefits that may help make that decision a little easier. Unlike …

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Benefits of Seperate Revocable Trusts For Married Couples

Tax Benefit of Complete Step-Up in Basis for Assets is Often Significant

Married Couple Discusses Revocable Trust With Advisor In our post, 4 Key Benefits of a Revocable Trust, we discussed the benefits of placing your assets into a revocable trust before your death or potential …

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IRS Weighs-in on PPP Loans

PPP Borrowers Cannot Deduct Expenses Paid With Forgiven PPP Loan Proceedscalculator and financial and tax statements

On May 1, the IRS released guidance addressing the deductibility of the expenses paid by businesses receiving a Paycheck Protection Program (PPP) loan. While the CARES Act provides that …

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It’s Official…Federal Tax Reform!

Federal Tax Reform Wondering How Tax Reform Will Affect You or Your Business?

Tax reform is here. President Trump signed the “Tax Cuts and Jobs Act” into law on December 22, 2017. The new law will affect millions of Americans in …

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Update! Washington County Property Reassessment: Reviewing Your Final Assessment and Navigating The Appeal Process

This is an update to our February 8, 2016 post, What Washington County Property Owners Need to Know About Their Property Reassessment.

Washington County recently concluded a court-ordered reassessment of all residential and commercial properties in the county. It …

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What Washington County Property Owners Need To Know About Their Property Reassessment

Similar to the reassessment that Allegheny County property owners experienced in 2012, Washington County recently concluded a court-ordered reassessment of all residential and commercial properties in the county. It is the first county-wide reassessment in more than 35 years and …

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Gifting and Taxes: What You Need to Know

shutterstock_261582092Are you planning to give a special gift to a deserving graduate? Are you curious about the tax consequences of that gift? The Internal Revenue Service provides regulations regarding the definition of a gift, how much one person may gift, …

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