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Monday September 16, 2019

News

Personal Planner - Married Couples and Property
Married Couples and Property
Mary was a surviving spouse. She and her first spouse, Ryan owned a lovely home and placed it into joint tenancy with right of survivorship. After Ryan passed away, Mary met Logan and...
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Savvy Living - Home Sharing Programs Can Help Homeowners Find Renters
Home Sharing Programs Can Help Homeowners Find Renters
Can you share information about renting out part of my home? I am 76-years-old and interested in renting out a spare room for extra cash and for some help around the house. Renting out a spare room...
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Washington News - Making Correct Quarterly Estimated Tax Payments
Making Correct Quarterly Estimated Tax Payments
In IR-2019-152, the Service reminded certain taxpayers the third quarter estimated tax payment is due on September 16, 2019. The fourth quarter's estimated tax payment for tax year 2019 will be due on January 15, 2020. Most investors, self-employed individuals and workers in the sharing economy do not have wage withholding, but instead must make quarterly estimated tax payments. The IRS explained, "The Tax Cuts and Jobs Act (TCJA), enacted in December 2017, fundamentally changed the way tax is calculated for most taxpayers, including those with income not subject to withholding." Most of these individuals have interest,...
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