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 →
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 – Divorce or separation tax implications
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by Mark A. Burns
Whether we like it or not, a high portion of marriages end in divorce or separation. This month’s column discusses some of the tax implications you ... Continue Reading →
Diversified Tax Tidbits – Turning your home into a rental property – Part 2
#MIDDLEBURY
by Mark A. Burns
In last month’s column, we discussed some of the basic issues related to turning your personal residence into a rental property. This month we will ... Continue Reading →
DIVERSIFIED TAX TIDBITS – Turning your home into a rental property
by Mark A. Burns
These days, more and more people who wish to sell their home cannot sell it for the price they want and so they fall back on Plan B – renting it out. Common questions ... Continue Reading →
Are moving expenses deductible?
DIVERSIFIED TAX TIDBITS by Mark A. Burns
The end of the school year is approaching, and many families will be moving into new homes for various reasons, including corporate relocations. ... Continue Reading →
Individual Retirement Accounts (IRA) – Part 2
Diversified Tax Tidbits by MARK A. BURNS
Last month we discussed the general rules about who is eligible to contribute to each type of IRA. Now we will discuss how to maximize tax ... Continue Reading →
