Taxes

Choosing the Right Business Structure is Crucial for Taxes
The Pay-Less-Tax Man

Choosing the Right Business Structure is Crucial for Taxes

Edward Mendlowitz, CPA, ABV, PFS | February 3, 2020

Choosing the right structure for a business can have important tax implications.

Frequently Overlooked Tax Deductions for 2019
Tax Planning

Frequently Overlooked Tax Deductions for 2019

Barbara Weltman, Esq. | January 6, 2020

The new tax law contains a lot of changes to deductions. Here’s what you need to know.

Start 2020 With Some Shrewd Tax Moves
The Pay-Less-Tax Man

Start 2020 With Some Shrewd Tax Moves

Edward Mendlowitz, CPA, ABV, PFS | January 6, 2020

To plan your taxes in the most efficient way possible, begin early.

How to Go About Making Tax Elections
The Pay-Less-Tax Man

How to Go About Making Tax Elections

Edward Mendlowitz, CPA, ABV, PFS | December 9, 2019

It’s not always evident which tax “elections” you should make, but the choices can be vital.

Tax Planning and Management Under the New Law
The Pay-Less-Tax Man

Tax Planning and Management Under the New Law

Edward Mendlowitz, CPA, ABV, PFS | November 11, 2019

Nearly two years after the 2017 Tax Cuts and Jobs Act was signed into law, taxpayers are still getting used to the effects it has had. Here’s help.

There Are Still Tax Penalties for Getting Married
Tax Planning

There Are Still Tax Penalties for Getting Married

November 5, 2019

The 2017 federal tax law was supposed to defeat the marriage penalty, but that penalty is still around. Here’s what to watch out for when you marry.

Think About Tax Savings Before 2019 Ends
The Pay-Less-Tax Man

Think About Tax Savings Before 2019 Ends

Edward Mendlowitz, CPA, ABV, PFS | October 14, 2019

Don’t wait until April 15 approaches to figure out how to save money on your 2019 taxes.

Key Dates for Tax Compliance and Planning
The Pay-Less-Tax Man

Key Dates for Tax Compliance and Planning

Edward Mendlowitz, CPA, ABV, PFS | September 16, 2019

Navigating successfully through the federal tax-compliance and planning process requires attention to these deadlines and time periods.

What You Need to Know About Capital Gains Taxes
The Pay-Less-Tax Man

What You Need to Know About Capital Gains Taxes

Edward Mendlowitz, CPA, ABV, PFS | August 19, 2019

Understanding the best ways to minimize capital gains tax can get complicated. Here’s help.

Understanding the Complicated Tax Rules Regarding Children
The Pay-Less-Tax Man

Understanding the Complicated Tax Rules Regarding Children

Edward Mendlowitz, CPA, ABV, PFS | July 22, 2019

Tax rules regarding children often defy logic, but there are ways to lower the tax bite.

Shocked by Your Latest Tax Bill? Here’s What to Do Now
Tax Planning

Shocked by Your Latest Tax Bill? Here’s What to Do Now

July 8, 2019

Recent changes in the tax law shocked many taxpayers. How to lessen the shock—and tax bite—next time.

Simplifying Your Tax Prep Process
The Pay-Less-Tax Man

Simplifying Your Tax Prep Process

Edward Mendlowitz, CPA, ABV, PFS | June 24, 2019

Here are some ways to simplify the process of preparing tax returns in the future and perhaps reduce clutter.

Taxpayer Victories—and Even Defeats—Can Save You Money
Taxes

Taxpayer Victories—and Even Defeats—Can Save You Money

Edward Mendlowitz, CPA, ABV, PFS | May 28, 2019

Valuable money-saving lessons from taxpayers who challenged the IRS.

Changing Your State of Residency for Tax Purposes Can Be Tricky
The Pay-Less-Tax Man

Changing Your State of Residency for Tax Purposes Can Be Tricky

Edward Mendlowitz, CPA, ABV, PFS | May 27, 2019

In many states, an individual can qualify as a resident for tax purposes under two sets of circumstances. It’s vital to follow the rules closely.

Get a Bigger Tax Deduction for Donated Clothing
Taxes

Get a Bigger Tax Deduction for Donated Clothing

William R. Lewis, CPA, CFP | May 22, 2019

The clothing you no longer wear could be worth hundreds of dollars (or more) in tax deductions—much more than it would bring at a garage sale.