November Client Bulletin
November’s newsletter outlines Social Security’s cost-of-living adjustment for 2024 and reveals ways to reduce your 2023 tax bill.
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October Client Bulletin
October’s newsletter brings insights from tax court cases, advice for when letters from the IRS arrive, tips to protect yourself online and more.
Traditional, Roth, or Secret Option Number Three?
There are a few standard ways to save for retirement, such as Traditional and Roth IRAs, but you should also be considering secret option number three. Make deductible contributions, get tax-free growth, and take tax-free distributions, all with no age requirement to take out the funds.
December Client Bulletin
In December’s newsletter, read about recent tax court cases that have great tax messages, five great money tips, and more.
For the Love of a Child (and Dependent Care Tax Credit)
Read about the American Rescue Plan Act of 2021 and its updates to the the Child and Dependent Care Credit in our latest blog post.
WFFA Admits Jason Ackerman to Partnership
Wagner, Ferber, Fine and Ackerman has announced today that Jason Ackerman has been admitted to the firm’s partnership.
November Client Bulletin
2020 is coming quick — are you prepared? Take stock now and learn about the year-end moves that’ll help you save. Plus, consider how the 2020 Social Security changes will affect your plans.
July Client Bulletin
Our July newsletter covers effective tax planning, summer road trip tips, IRS audits, setting salaries and basic customer retention.
Depreciation and Changes in Use of Real Property
Taxpayers that own rental property with gross receipts from residential or nonresidential uses should be familiar with the rules on accounting for depreciation. Let’s see some rules about buildings or structures qualifying as residential or nonresidential property, and application of the change-in-use regulations if a rental property changes from residential use to nonresidential use or vice versa.
Sometimes Congress Admits Its Mistakes – Correcting the QIP/Bonus Depreciation 15-Year Glitch
A technical glitch in the TCJA prevented taxpayers from taking bonus depreciation on Qualified Improvement Property. Now Congress is out to get this fixed.