by Michael Eckstein | May 29, 2018 | General, Tax
Summary Tax Cuts and Jobs Act capped the state and local income tax (SALT) deduction at $10,000 New York State passed two workarounds IRS implies the charitable funds workaround may not be ‘charity’ for federal tax purposes Future IRS opinions may create collateral...
by Michael Eckstein | Jan 1, 2018 | Tax
On December 22, the President signed into law the Tax Cuts and Jobs Act of 2017 (TCJA). TCJA is the largest tax overhaul since the 1986 Tax Reform Act and it will affect almost every individual and business in the United States. Generally, the new law goes into effect...
by Michael Eckstein | Jan 12, 2017 | General, Tax
It’s a new year and a new tax season is approaching. Please use these complimentary tax organizers to better manage and organize your tax information. These tax organizers are updated annually and this one was specifically assembled for the 2016 tax year. There...
by Michael Eckstein | Dec 22, 2016 | Finances, Retirement, Tax
The Basics Disclaimer: This article is for information purposes only. Please do not preform a back-door Roth IRA conversion without the help of a financial professional. When saving in a Roth IRA, your contributions are taxed and your distributions are tax-free. This...
by Michael Eckstein | Dec 12, 2016 | Tax
No one wants to be unemployed. It’s stressful and life feels uncertain. Everything from buying groceries to paying your mortgage is nerve-racking. On top of that, there are a number of tax issues that may impact your unemployment, taxes, and finances. Severance...
by Michael Eckstein | Dec 1, 2016 | Tax
Now that it’s December and the year is about to end, it’s time to consider making a few last-minute tax moves for 2016. Take advantage of the lull between Thanksgiving and Christmas to save some money. These tips can save a considerable amount on your tax...
