Blog Archives

How to Declare a Casualty Loss From Hurricane Sandy

  Hurricane Sandy has left her mark.  This included power outages, significant property damage and, sadly loss of life.


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Tax Credits for “Going Green”

Homeowners still have time this year to make energy-saving and green-energy home improvements and qualify for either of two home energy credits.


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5 Reasons Donors Should Give Appreciated Property

Donors should give appreciated property to their favorite charity. Appreciated property is property whose Fair Market Value exceeds the cost basis.  Cost basis is generally what was paid for an item.


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How to Claim a Casualty Loss on Your Income Tax Return

Hurricane Irene hit the eastern coastline hard this past weekend.  In the south, Irene was originally designated as a “Category 3” hurricane.  The highest rating and most violent is a Category 5.  Irene was subsequently downgraded to a Category 1. 


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Some Taxpayers Must Wait to File 2010 Tax Returns

The Internal Revenue Service has announced that some taxpayers will not be able to file their returns until mid to late February 2011 due to last year’s tax changes.  The IRS will need to reprogram its processing systems for three


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