Insights & News

Studies indicate that savvy asset allocation may lead to long-term investment success. Individuals can find a desired mix of riskier asset classes, such as stocks,

On August 8, 2020, President Trump issued a presidential memorandum, authorizing employers to defer collecting and paying the employee portion of federal payroll taxes (only

Medicare, the federal government’s health insurance program for people 65 and older, has four parts. Although Medicare offers good value to many seniors, high-income Medicare

Employees may want to know whether they can receive distributions or loans from their §401(k) plan to confront financial challenges resulting from the COVID-19 virus.

2016 Individual Tax Organizers will be sent out to clients within the next week. If TJT prepares your individual return, your tax organizer will be

Small business owners may choose S corporation status. As long as certain criteria are met (see the Trusted Advice column in this issue on “S

TJT now offers electronic invoicing and payment options.  You can choose to receive your bill from TJT via email and then make the payment electronically

The federal Small Business Administration reports that about 75% of small business owners donate some portion of their profits to charity each year. The average

Please use the link below to download a PDF file containing reference slides from today’s presentation. 2018 Tax Reform

If you feel you need an extra pair of hands and some fresh ideas on how to handle your retirement plan, we here at TJTPA

The net price of higher education will depend on the amount of financial aid that’s received. The greater the financial aid, the lower the net

Please use the link below to download a PDF file containing reference slides from today’s presentation.

If you own, lease, inhabit or are otherwise involved in any business real estate with depreciable property then you will probably be affected by the

The 2017 Tax Reform package continues to make its way through Congress.  This legislation has the potential to be the most significant change to tax

The Web has been a boon for the practice of the the Law, as well as for customers of legal services. But perhaps the best

Besides donating appreciated securities to charity, another solution for avoiding highly taxed capital gains on these securities is to transfer the relevant assets to a

Many people save for retirement by putting pretax dollars into an employer sponsored retirement plan, such as a 401(k). Those dollars may be rolled into

Although all the effects of the Affordable Care Act (ACA) are still unclear, it’s likely that health insurance costs will continue to increase in the

The tax code includes Section 179, which permits first-year deduction (expensing) of amounts spent for business equipment. This provision formerly allowed annual deductions up to

Champagne and caviar on the IRS? Typically, the answer is no. Nevertheless, there are times when you can go out to eat—perhaps to the best

When couples divorce, financial negotiations often involve alimony. The tax rules regarding alimony were dramatically changed by the Tax Cuts and Jobs Act (TCJA) of