Diversified Tax Tidbits – Avoid having to pay IRS penalties
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by Mark A. Burns
Last month we discussed the different methods you can use to pay your taxes to the IRS. This month we will discuss the timing of those payments ... Continue Reading →
Diversified Tax Tidbits – Options for paying taxes to the IRS
#Middlebury #MarkBurns #DiversifiedTaxTidbits
by Mark A. Burns
Nobody likes to pay taxes, but paying them is a fact of life. If you are a W-2 employee or are receiving certain other ... Continue Reading →
Diversified Tax Tidbits – Renting out your vacation home
#Middlebury #TaxTip
by Mark A. Burns
In prior columns, we covered turning your personal residence into a rental property and also situations where you might live in part of the house ... Continue Reading →
Which filing status is best for you?
#MIDDLEBURY #INCOMETAX
by Mark A. Burns
Five different filing statuses are available when you file your income tax returns: Single, Married Filing Joint, Married Filing Separate, Head ... Continue Reading →
Diversified Tax Tidbits – Compare standard deduction to itemizing deductions
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by Mark A. Burns
In previous columns, we discussed certain tax deductions. With the deadline approaching for filing 2016 tax returns, it is a good time to discuss the overall ... Continue Reading →
Diversified Tax Tidbits – Medical expenses and your taxes, Part 2
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by Mark A. Burns
Last month, we provided an overview of this topic. This month we will discuss some more specific aspects of this topic.
Health insurance premiums are deductible, ... Continue Reading →
Diversified Tax Tidbits – Medical expenses and your taxes
#MIDDLEBURY #TAXES
by MARK A. BURNS
As we start the new year, and with tax return season rapidly approaching, this might be a good time to address medical expenses and your tax return.
First ... Continue Reading →
Diversified Tax Tidbits – President-elect Trump and taxes
#MIDDLEBURY #TAXES
by Mark A. Burns
With Donald Trump having won the election and with the Republican party controlling Congress, there is a good chance we will see some tax changes ... Continue Reading →
Diversified Tax Tidbits – ‘Bunch’ tax deductions
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by Mark A. Burns
You may be wondering what the title of this column refers to. The bunching concept will not be applicable for many people, but if you can take advantage ... Continue Reading →
Diversified Tax Tidbits – Making Gifts, Part 2
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by Mark A. Burns
Last year we provided an overview of some of the tax implications of making gifts. This month we delve into this topic in more detail.
As a reminder, bona ... Continue Reading →
