Tax Refund

Make Your Tax Refund Work for You

April 27, 2016 | By Steven DiGregorio

Make Your Tax Refund Work for You   How will you spend your tax refund? Every year we scramble to get our taxes filed with the IRS, no one wants to pay penalties or give Uncle Sam cause to audit our taxes. After the 15th of April most either have received or happily begin thinking […] READ MORE

IRS Red Flags

IRS Red flags when filing a Tax Return

April 5, 2016 | By Steven DiGregorio

IRS Red flags when filing a Tax Return Here is a note that will get you on the phone with your financial advisor in a hurry:   Dear Taxpayer, Some of the information that you provided to us does not agree with the information we received from other sources. — The Internal Revenue Service You’ve […] READ MORE

Where there’s a Will, There’s a Better Way

March 10, 2015 | By Steven DiGregorio

Once again a celebrity has died, leaving an estate in chaos. Clearly good intentions but poorly planned and with no follow through. As unfortunate as this might be, there are lessons to be learned and mistakes not to be repeated. Most recently, the Oscar-winning actor Philip Seymour Hoffman became deceased, leaving an estate reportedly worth […] READ MORE

Tax Breaks – 10 Overlooked Opportunities

March 5, 2013 | By Steven DiGregorio

The goal of every taxpayer is to make sure the Internal Revenue Service gets as little as possible, right? You mean the IRS isn’t a Charitable Foundation? I’d be a serious philanthropist if that was true!  So you need to take every tax deduction, credit or other income adjustment you can. Here are 10 tax […] READ MORE

Plan Ahead Using this Capital Gains Strategy to Lower The Tax Bill

December 17, 2012 | By Steven DiGregorio

While politicians do a sugarplum dance on the edge of the fiscal cliff, it looks more likely that many people will face a 20% federal tax rate on long-term capital gains in 2013. That rate will automatically kick in unless Congress extends the current 15% rate and the President goes along. Don’t bet your holiday […] READ MORE

Dodge Alternative Minimum Tax through AMT-Free Municipals

June 18, 2012 | By Steven DiGregorio

Some holders of municipal-bond funds will be in for a surprise next tax season when it turns out that their tax-free investments are subject to tax after all. But others won’t get stung because they have chosen the right municipal funds — those geared to avoiding the alternative minimum tax. The AMT is a separate […] READ MORE