2020 Tax Update Webinar
Thursday, December 17th 2pm EST
Tax & Strategic Planning
Understanding both individual and corporate tax practice is what the accountants at John Kiley CPA, LLC do best. We pride ourselves on the ability to clearly communicate with our clients to help them navigate not only tax season, but their financial futures as a whole.
We believe that every client deserves financial freedom and to understand which tax strategies are most rewarding for their unique situations. That is why we strive every day to provide our clients with the best customer service available and to never allow a prerecording to do the job for us.
How will revised tax limits affect your 2022 taxes?
How much can you contribute to a 401(k) plan for 2022? How much is the standard deduction? How much do you have to earn this year before you can stop paying Social Security on your salary? Here are some answers to these and other tax-related questions for 2022.
Defer Tax with a Like-kind Exchange
With real estate prices up in some markets, the “like-kind” exchange strategy may be attractive if you want to sell commercial or investment real estate.
There’s A Deduction for Student Loan Interest…But Do You Qualify For It?
College is expensive and you may have taken student loans to pay for it. Can you deduct the interest you pay on these loans? Here are the rules.
Providing A Company Car? Here’s How Taxes are Handled.
Providing a company car to executives at your business is a prized perk. Here are the basic tax rules involved in this fringe benefit.
How Are Court Awards and Out-of-court Settlements Taxed?
If you’re going to receive a personal injury or discrimination settlement or award, you want the best tax result possible. Here are the basic rules of when amounts are tax free or taxable.
With Year-end Approaching, 3 Ideas That May Help Cut Your Tax Bill
Before you know it, we’ll be ringing in 2022. You may still have time to reduce your 2021 federal tax liability by taking these steps.
New Digital Asset Reporting Requirements Will Be Imposed in Coming Years
Buried in the infrastructure law that was just enacted is a change in the way cryptocurrency transactions are reported to the IRS.
Businesses Can Show Appreciation – And Gain Tax Breaks – With Holiday Gifts and Parties
Is your business giving holiday gifts to employees or customers this year? Or are you throwing a holiday party? Here are the tax rules.
Feeling Generous at Year End? Strategies for Donating to Charity or Gifting to Loved Ones.
Feeling generous this year? Here are the basic rules for charitable contributions and gifts to loved ones.