by briesterer@thinkvisionary.com | Mar 1, 2021 | Newsletter
Capital Gains Tax on Sale of Stocks Apps like Robinhood make it easy for everyone to play the stock market. If you’re a retail investor who made money last year buying and selling stocks, you may owe capital gains tax when you file your tax return this year. If...
by briesterer@thinkvisionary.com | Feb 27, 2021 | Newsletter
Tax Breaks for Families with Children If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Let’s take a look: 1. Child Tax Credit Generally, taxpayers can claim the Child Tax Credit for each...
by briesterer@thinkvisionary.com | Feb 26, 2021 | Newsletter
Renting Out a Second Home In general, income from rental of a vacation home for 15 days or longer must be reported on your tax return on Schedule E, Supplemental Income and Loss. You should also keep in mind that the definition of a “vacation home” is not...
by briesterer@thinkvisionary.com | Feb 9, 2021 | Newsletter
3 Wessel & Company Shareholders Among PA Business Central’s Top 100 People Wessel & Company shareholders Patti Hudson and Tom Seitz, as well as President & CEO Joel Valentine have been named to Pennsylvania Business Central’s Top 100 People for 2021. The...
by briesterer@thinkvisionary.com | Feb 4, 2021 | Newsletter
Who Qualifies for the Earned Income Credit The earned income tax credit can give qualifying workers with low-to-moderate income a substantial financial boost. The credit not only reduces the amount of tax someone owes but may give them a refund even if they...
by briesterer@thinkvisionary.com | Feb 4, 2021 | COVID-19, Newsletter
FBI Sees Rise in Fraud Schemes Related to the Coronavirus (COVID-19) Pandemic Scammers are leveraging the COVID-19 pandemic to steal your money, your personal information, or both. Don’t let them. Protect yourself and do your research before clicking on links...
