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...
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Dear 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...
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Where’s My Refund?
Millions of taxpayers who filed their taxes before the new deadline of July 15th, and even before the original deadline of...
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(April 2, 2020) The Paycheck Protection Program (PPP) is a vital part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, passed on...
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March 23, 2020
Dear Clients and Friends of Timoney Knox:
The last two weeks have seen extraordinary changes in the world, and particularly in this...
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(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...
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How do I report Cryptocurrencies on my tax return?
IRS Notice 2014-21 holds that for federal tax purposes, cryptocurrencies are treated as personal...
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What are Cryptocurrencies and Bitcoin?
(January 25, 2018) If you have been following the news recently, you likely have heard buzzwords...
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What 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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