by Cheryl & Tom Lyon | Oct 9, 2020 | Taxes
The attached article from Broadridge Advisor details the tax policies, spending priorities and overall economic strategies of the two Presidential candidates. They seem to be accurate and unbiased. Enjoy! [pdf-embedder...
by Cheryl & Tom Lyon | Nov 7, 2018 | Taxes
On Monday, the IRS held a hearing as they consider proposed rules to prevent states from circumventing the cap on state and local deductions as a result of the new tax law. The 2017 tax law caps the state and local tax deductions on the Itemized Deduction Schedule A...
by Cheryl & Tom Lyon | Sep 26, 2018 | Financial Planning, Taxes
The “Queen of Soul”, Aretha Franklin, passed away last month without a will. I repeat. Aretha Franklin passed away without a will. That is amazing to me. How could a pop icon with so many decades in the music industry not take the time to plan her estate? Allegedly,...
by Cheryl & Tom Lyon | Jun 23, 2017 | Taxes
Republican Senators released a draft of a health care bill that would repeal many of the tax provisions of the Affordable Care Act. This bill will be changed and amended if and/or when it becomes law. This list is from the Journal of Accountancy, 6/22/2017. • The bill...
by Cheryl & Tom Lyon | Nov 24, 2014 | Financial Planning, Taxes
It is very hard to believe it is that “time of year” again. Yes, the Holiday Season, but also the time to get your financial houses in order. OK, not as much fun as Santa Claus, but still necessary. Review your year-to-date paystub. Do an estimate...