Episode 22, Joe Manchin Blocks The Build Back Better Bill Again

The IRS is Waiving Penalties For Not Filing During Covid, If.... Episode 29, Ron Cohen

In this episode we cover, how Joe Manchin blocks The Build Back Better Bill again, Hungary wants to be left alone, more proposed Low Income Housing Credits, The 3.8% tax expansion proposal is criticized by the real estate industry.

Show Notes:
https://www2.deloitte.com/us/en/pages/tax/articles/tax-news-and-views-newsletter.html

Please let us know if there are specific topics you’d like to hear about in future episodes.

Ron Cohen, CPA
Partner at Greenstein Rogoff Olsen & Co.
rcohen@groco.com
510-797-8661

Popular Tax Credits for First-Time Homebuyers, Students and Those With Childcare

Popular Tax Credits for First-Time Homebuyers, Students and Those With Childcare By Victor Omelczenko 1/26/2009 Whether you’re looking to lower your tax bill or increase your refund, these IRS tips can help your bottom line. Tax credits can help pay the cost of raising a family, going to college, saving for retirement or getting day…

Profit From Your Children

Profit From Your Children Profit from your children?  Making maximum use of your dependents can help slash your taxes significantly. “Dependents” generally mean your kids, but many of these gambits also work with low-income parents you might be assisting financially — even if they aren’t your dependents. Here are a few to consider. Hire your…

Myths About Trusts

Myths About Trusts Trusts are a dependable way to arrange for the management of family funds. Yet even financially sophisticated people settle for less satisfactory alternatives. Lack of knowledge isn’t the problem. It’s the assorted myths about trusts handed down over the years. Myth #1. Only the very rich use trusts. Because what the superrich…

CALCULATING CAPITAL GAINS TAX ON THE SALE OF A COLLECTIBLE

Calculating Capital Gains Tax on the Sale of a Collectible

Calculating Capital Gains Tax on the Sale of a Collectible Uncle Sam takes a tax bite out of almost every asset sold and collectibles are no exception. Indeed, collectibles are currently subject to one of the highest rates of federal taxation on an investment property. Long term Capital gain from the sale of a collectible…