Tag Archives: Taxes

A Look into the History of Pride and (Tax) Prejudice

While taxes might not be the first topic that comes to mind when someone mentions Pride Month, taxes were exactly the issue at hand when the Supreme Court held that federal level discrimination against same-sex spouses violated the Due Process …

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How Much Can I Gift? A Guide to Gifting and Taxes

Are 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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Relocating to Florida – Part 2

Understanding Death Taxes When You Own Real Property in Florida and Pennsylvania If 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 1 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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IRS Weighs-in on PPP Loans

PPP Borrowers Cannot Deduct Expenses Paid With Forgiven PPP Loan Proceeds 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!

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 one way …

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Washington County Property Reassessment Update

Reviewing Your Final Assessment and Navigating The Appeal Process 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 there is immense …

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Washington County Property Reassessment – What Owners Need To Know

The Process Involves Several Notices And Important Deadlines 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 …

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Gifting Can Be A Valuable Estate Planning Tool

Understand the Tax Implications and Effect on Your Estate Plan Before You Give Are 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 …

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