ConnollySteeleApr 6, 20223 minSelling mutual fund shares: What are the tax implications?If you’re an investor in mutual funds or you’re interested in putting some money into them, you’re not alone. According to the Investment...
ConnollySteeleMar 29, 20223 minIt’s almost that time of year again! If you’re not ready, file for an extensionThe clock is ticking down to the April 18 tax filing deadline. Sometimes, it’s not possible to gather your tax information and file by...
ConnollySteeleMar 23, 20223 minThe tax rules of renting out a vacation propertySummer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting...
ConnollySteeleMar 16, 20222 minWhen inheriting money, be aware of “income in respect of a decedent” issuesOnce a relatively obscure concept, “income in respect of a decedent” (IRD) may create a surprising tax bill for those who inherit certain...