by KNSS | May 2, 2019 | 2019 May Newsetter
Most taxpayers saw their federal income taxes decrease thanks to the new tax rules issues at the end of December 2017. Many taxpayers also saw their refunds fall or their balance due increase for their 2018 taxes as compared with prior years. That’s because the...
by KNSS | May 2, 2019 | 2019 May Newsetter
By Andrew Schwartz, CPA Here is a question I recently received from one of my clients: My parents would like to give me a loan of $150k. How can we structure this loan so that we are in compliance with any rules from the IRS? To structure a loan in compliance with the...
by KNSS | May 2, 2019 | 2019 May Newsetter
By Andrew Schwartz, CPA This year’s most interesting observation has nothing to do with taxes or personal finances but instead deals with civility and kindness. The world we live in has really become quite nasty: Our political leaders on both sides of the aisle...
by KNSS | May 2, 2019 | 2019 May Newsetter
By Bob Cahill, Leader Bank Nowadays, you can find almost anything on line.??? It is hard to beat the convenience and ease of shopping at the push of a button.? In most cases, if you do not like what you have bought or if it does not fit, you can simply return it.?...
by KNSS | May 2, 2019 | 2019 May Newsetter
By Richard Schwartz, CPA If you are one of the numerous short-term ?Hosts? or ?Operators? providing your home to vacationers, business professionals and other short-term renters, be aware of the new tax law that will impact short-term rentals in the Commonwealth of...
