Trump’s Tax Reform Framework

On Wednesday of this week, President Trump unveiled a new tax reform framework designed to reduce the complexity of the existing tax code while reducing or eliminating individual and business taxes. The framework, which was negotiated by key members of the Senate and...
The Essentials of IRS Audits

The Essentials of IRS Audits

Most people enjoy surprises from the traditional surprise birthday party to an unexpected gift from a co-worker, client, friend or loved one. Often surprises are fun and welcome, but this is not always true. The worst type of surprise a taxpayer can receive is an IRS...

Tax-Wise Portfolio Rebalancing

Studies indicate that savvy asset allocation may lead to long-term investment success. Individuals can find a desired mix of riskier asset classes, such as stocks, and relatively lower risk asset classes, such as bonds. Sticking with a chosen strategy might deliver...
2017 Pennsylvania Tax Amnesty Program

2017 Pennsylvania Tax Amnesty Program

In the recent past, States have increased their enforcement of state and local tax regulation laws and associated collections. Most enforcement efforts focus on local and out of state taxpayers that have one or several unpaid tax liabilities. Often taxpayers are...
How Investments in Gold Are Taxed

How Investments in Gold Are Taxed

Investment asset classes include precious metals, especially gold. Enthusiasts cite several reasons for including gold in a diversified portfolio. If governments print money to cover increasing obligations, gold may act as an inflation hedge. Moreover, gold can offer...