blog

What Will Your Marginal Income Tax Rate Be?

January 15, 2019

While the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through 2025, some taxpayers could see their taxes go up due to reductions or eliminations of certain tax breaks — and, in some cases, due to their filing status. But some may see additional tax savingsdue to their filing status.

Read More

2 Major Tax Law Changes for Individuals in 2019

January 8, 2019

While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through 2025 or are permanent, there are two major changes under the act for 2019. Here’s a closer look.

Read More

A Review of Significant TCJA Provisions Impacting Individual Taxpayers

January 8, 2019

Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But it’s smart to begin preparing for filing your 2018 return.

Read More

Act Soon to Save 2018 Taxes on Your Investments

December 19, 2018

Do you have investments outside of tax-advantaged retirement plans? If so, you might still have time to shrink your 2018 tax bill by selling some investments ― you just need to carefully select which investments you sell. Try balancing gains and losses If you’ve sold investments at a gain this year, consider selling some losing investments to absorb the gains.

Read More

Tax Optimized Ways to Continue Charitable Giving Under the New Tax Cuts and Jobs Act of 2017

December 13, 2018

The new tax law is already changing the way individuals are contributing to their favorite organizations. At Nisivoccia LLP, we are advising our clients on several new strategies that will enable them to continue charitable giving while minimizing their tax liability.

Read More

Check Deductibility Before Making Year-End Charitable Gifts

December 4, 2018

As the holidays approach and the year draws to a close, many taxpayers make charitable gifts — both in the spirit of the season and as a year-end tax planning strategy. But with the tax law changes that go into effect in 2018 and the many rules that apply to the charitable deduction, it’s a good idea to check deductibility before making any year-end donations.

Read More