2021 Social Security Changes Announced

          The Social Security Administration announced a 1.3 percent boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2021. The increase is based on the rise in the Consumer Price Index over the past 12...

Should I Refinance My Mortgage?

“Should I refinance my mortgage?” is a question we hear often. A proper answer would be based on your individual circumstance but in general the video below is pretty solid information. Call us and we can go over your situation and help you determine what...

The Lost Art of Tracking Home Improvements

  How a tax law makes us sloppy and creates a tax risk One of the more popular provisions in the tax code is the $250,000 capital gain exclusion ($500,000 for a married couple) of any profit made when selling your home. As long as you follow the rules, most home...

Don’t Run the Risk of a High Tax Bill!

Know when you should ask for professional help. Before taking action talk to your tax adviser. How many times have you seen this legal disclaimer? Unfortunately, all too often taxpayers do not follow this advice and then must pay the price with an unnecessarily high...

Is a Tax Time Bomb Lurking in Your Paycheck?

Does your paycheck look a little higher than normal? If so, it could be a tax time bomb. The Problem A payroll tax deferral beginning September 1 was recently signed via a presidential executive order. The potential deferral of your portion of Social Security as an...