by walknercondon | Dec 30, 2020 | Tax Concepts
It’s that time of year again. Property tax season. Every December, property tax bills are mailed. The bill you receive is due by Jan. 31 of the following year and has the option to be paid in two installments–one by January and the other in July. We get a fair amount...
by walknercondon | Dec 28, 2020 | Tax News
The first dispersal of business loans through the Paycheck Protection Program quickly evaporated. Now, as more relief comes down the line, here are the stipulations you should keep in mind if you’re a small business owner hoping to acquire a second loan. The...
by walknercondon | Dec 28, 2020 | Tax News
With the coronavirus relief bill being signed into law by President Donald Trump on Dec. 27, here’s what we know at this point about the Covid stimulus package 2.0. Stimulus Checks A second round of stimulus payments is set to be disbursed. Each adult and dependent...
by walknercondon | Dec 22, 2020 | Tax Concepts
2020 has been a paramount year for the home sales market. Did you sell a property and wonder if your sales transaction will be taxable? Your Primary Home Generally, the sale of your primary home is not a taxable event. We say generally because this is true as long as...
by walknercondon | Dec 10, 2020 | Tax Concepts
One question we have been asking tax clients is: “Have you considered a Roth conversion?” With wider tax brackets and lower tax rates currently in place, now may be the ideal time to convert traditional retirement accounts to Roth status. We have been working with...