On October 1, 2020, we sent out a communication regarding the presidential election. Election Day has now passed, and January 20, 2021 marks Inauguration Day, when a new administration takes...
Read moreDear Friends and Clients: With the November 3rd Election looming, there is increased discussion about the potential change in the federal estate tax exemption that was increased under...
Read moreWhere’s My Refund? Millions of taxpayers who filed their taxes before the new deadline of July 15th, and even before the original deadline of...
Read more(April 2, 2020) The Paycheck Protection Program (PPP) is a vital part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, passed on...
Read moreMarch 23, 2020 Dear Clients and Friends of Timoney Knox: The last two weeks have seen extraordinary changes in the world, and particularly in this...
Read more(January 24, 2020) We periodically send out updates on estate planning, and as we learn about tax decisions and the tax ramifications going forward. As...
Read moreHow do I report Cryptocurrencies on my tax return? IRS Notice 2014-21 holds that for federal tax purposes, cryptocurrencies are treated as personal...
Read moreWhat are Cryptocurrencies and Bitcoin? (January 25, 2018) If you have been following the news recently, you likely have heard buzzwords...
Read moreWhat is the New Tax Reform Law and What Does it Mean? This morning, the President signed the Tax Cuts and Jobs Act (Renamed, to comply with Senate...
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