sinkgordon.com RSS Feed https://sinkgordon.com/ Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Jul 2021 09:00:00 -0500 Thu, 01 Jul 2021 09:00:00 -0500 What Is the Net Investment Income Tax? https://www.sinkgordon.com/newsletter.php#5 The Net Investment Income Tax tends to affect wealthier individuals, but in certain circumstances, it can affect moderate-income taxpayers too. Thu, 01 Jul 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#5 Small Business: Understanding Payroll Expenses https://www.sinkgordon.com/newsletter.php#2 Whether you're a small business owner who is just starting or one who has been in business for a while - ready to hire an employee or two - here is what you should know about withholding, reporting, and paying employment taxes. Thu, 01 Jul 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#2 Settling Tax Debt With an IRS Offer in Compromise https://www.sinkgordon.com/newsletter.php#4 If you owe money to the IRS, an offer in compromise could be the answer. Thu, 01 Jul 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#4 Employee Relocation: What Happens to Your Home? https://www.sinkgordon.com/newsletter.php#3 Employees and small business owners often have questions about what to do with an employee's home - and what the tax consequences might be - when they move to a new job location. Here are some answers. Thu, 01 Jul 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#3 Advance Child Tax Credit Payments Start This Month https://www.sinkgordon.com/newsletter.php#1 More than 36 million American families may be eligible to receive monthly Child Tax Credit payments starting July 15, 2021. Here's what families need to know. Thu, 01 Jul 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#1 What are Estimated Tax Payments? https://www.sinkgordon.com/newsletter.php#5 Estimated tax is the tax paid on income not subject to withholding, such as income from self-employment, interest and dividends, rent, prizes and awards, and gains from the sale of assets. Tue, 01 Jun 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#5 Tips to Help You Figure Out if Your Gift is Taxable https://www.sinkgordon.com/newsletter.php#3 If you've given money or property to someone as a gift, you may owe federal gift tax. There are, however, exceptions. Tue, 01 Jun 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#3 Tax Considerations When Selling Your Small Business https://www.sinkgordon.com/newsletter.php#1 If you've decided to sell your business, you may be looking forward to lazy days ahead with plenty of cash on hand. The reality, however, is that without a tax planning strategy in place, you could be liable for capital gains and other taxes - leaving you with far less cash than you anticipated. Tue, 01 Jun 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#1 Expat Compliance With US Tax Filing Obligations https://www.sinkgordon.com/newsletter.php#4 If you're an expat who has relinquished - or intends to relinquish - your US citizenship but still has US tax filing obligations (including owing back taxes), you'll be relieved to know there are IRS procedures in place that allow you to come into compliance and receive relief for any back taxes owed. Tue, 01 Jun 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#4 Changing Jobs? Don't Forget About Your 401(k) https://www.sinkgordon.com/newsletter.php#2 One of the most important questions you face when changing jobs is what to do with the money in your 401(k) account. Making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Tue, 01 Jun 2021 09:00:00 -0500 https://www.sinkgordon.com/newsletter.php#2 Three Key Things to Consider When Filing Your 2020 Tax Return https://sinkgordon.com/blog.php?id=15 Mon, 01 Feb 2021 09:00:00 -0600 https://sinkgordon.com/blog.php?id=15 Tips for preparing to file your tax return in 2021 https://sinkgordon.com/blog.php?id=14 Tue, 05 Jan 2021 09:00:00 -0600 https://sinkgordon.com/blog.php?id=14 2020 Retirement Changes https://sinkgordon.com/blog.php?id=13 Wed, 02 Dec 2020 09:00:00 -0600 https://sinkgordon.com/blog.php?id=13 Why Plan for Taxes? https://sinkgordon.com/blog.php?id=12 Wed, 18 Nov 2020 09:00:00 -0600 https://sinkgordon.com/blog.php?id=12 Tax Planning During the COVID-19 Pandemic https://sinkgordon.com/blog.php?id=11 Mon, 12 Oct 2020 09:00:00 -0500 https://sinkgordon.com/blog.php?id=11 Kiddie Tax Rules Change Back for 2020 https://sinkgordon.com/blog.php?id=10 Mon, 16 Mar 2020 09:00:00 -0500 https://sinkgordon.com/blog.php?id=10 Get your tax refund faster, easier and safer with these tips https://sinkgordon.com/blog.php?id=9 Tue, 11 Feb 2020 09:00:00 -0600 https://sinkgordon.com/blog.php?id=9 Ready, Set, TAX TIME! 5 Steps to Help You Prepare for Your Tax Preparation https://sinkgordon.com/blog.php?id=8 Wed, 15 Jan 2020 09:00:00 -0600 https://sinkgordon.com/blog.php?id=8 Year-End Tax Planning Tips https://sinkgordon.com/blog.php?id=7 Tue, 03 Dec 2019 09:00:00 -0600 https://sinkgordon.com/blog.php?id=7 Qualified Opportunity Zone Funds - Could These Benefit You? https://sinkgordon.com/blog.php?id=6 With the passing of the Tax Cut and Jobs Act in 2017, Qualified Opportunity Zones were created to help economic development and job creation in distressed communities throughout the country. The taxpayer can benefit by deferring tax on eligible capital gains as long it is invested in an appropriate Qualified Opportunity Zone Fund (QOZF) and meets other requirements. Tue, 19 Nov 2019 09:00:00 -0600 https://sinkgordon.com/blog.php?id=6 Expanded & Modified Work Opportunity Tax Credit https://sinkgordon.com/blog.php?id=5 IRS Reminder for Employees - Expanded and Modified Work Opportunity Tax Credit (WOTC) Fri, 08 Jun 2018 09:00:00 -0500 https://sinkgordon.com/blog.php?id=5 Responding to and Resolving Notices from the IRS https://sinkgordon.com/blog.php?id=4 Wed, 21 Mar 2018 09:00:00 -0500 https://sinkgordon.com/blog.php?id=4 Buying & Selling with Section 1031: An Overview of Tax-Deferred "Like-Kind" Exchanges https://sinkgordon.com/blog.php?id=3 Sun, 04 Mar 2018 09:00:00 -0600 https://sinkgordon.com/blog.php?id=3 Paying Yourself First: Retirement Options for Individuals https://sinkgordon.com/blog.php?id=2 An overview of options for individuals as they plan for retirement at any age. These days, an employer pension plan is not usually enough to fully fund an individual's retirement. Fri, 16 Feb 2018 09:00:00 -0600 https://sinkgordon.com/blog.php?id=2