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...
ConnollySteeleMar 2, 20222 minThere still may be time to cut your tax bill with an IRAIf you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there might still be a way to lower it....