Mauldin & Jenkins top accounting firm

There may be relief from tax liability for “innocent spouses”

If you file a joint tax return with your spouse, you should be aware of your individual liability. ...
Continue Reading
Mauldin & Jenkins top accounting firm

Why it’s important to plan for income taxes as part of your estate plan

As a result of the current estate tax exemption amount ($11.58 million in 2020), many estates no longer ...
Continue Reading
Mauldin & Jenkins top accounting firm

Can investors who manage their own portfolios deduct related expenses?

In some cases, investors have significant related expenses, such as the cost of subscriptions to financial periodicals and ...
Continue Reading
Mauldin & Jenkins top accounting firm

A health care power of attorney is an essential element of any estate plan

What happens if illness, injury or age-related dementia renders you unable to make decisions or communicate your wishes ...
Continue Reading
Mauldin & Jenkins top accounting firm

Tax implications of working from home and collecting unemployment

COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is ...
Continue Reading
Mauldin & Jenkins top accounting firm

Buy-sell agreements: A smart business decision also makes estate planning sense

Do you own a business with one or more individuals? Undoubtedly, your interest in the business represents a ...
Continue Reading
Mauldin & Jenkins top accounting firm

Homebuyers: Can you deduct seller-paid points?

Despite the COVID-19 pandemic, the National Association of Realtors (NAR) reports that existing home sales and prices are ...
Continue Reading
Mauldin & Jenkins top accounting firm

Making lifetime gifts continues to be a smart estate planning strategy

With the federal gift and estate tax exemption now at a record high $11.58 million for 2020, most ...
Continue Reading
Mauldin & Jenkins top accounting firm

Back-to-school tax breaks on the books

Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a ...
Continue Reading
Mauldin & Jenkins top accounting firm

Oh, no, your original will is missing!

In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But ...
Continue Reading
Mauldin & Jenkins top accounting firm

Will You Have to Pay Tax on Your Social Security Benefits?

If you’re getting close to retirement, you may wonder: Are my Social Security benefits going to be taxed? ...
Continue Reading
divorce estate plans

Divorcing? Revise your estate plan

If you’re going through a divorce, you probably feel a little overwhelmed by all the legal and financial ...
Continue Reading