Insights by Author: Tiffany Ann Goodall

To Port or Not to Port: Is Filing for Portability Right for You?

February 11, 2021

The option of portability when planning your estate could make a substantial difference come tax time,…

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When Does a Gift Require a Gift Tax Return, and Gift Tax?

December 23, 2020

With lifetime gift and estate tax exemptions at an all-time high in 2020, not as many…

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Retirement Plan Options for Self-Employed Business Owners

October 6, 2020

Owning your own business gives you a great deal of freedom to make your own choices.…

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IRS Sends Warning Letter to Cryptocurrency Users About Reporting

August 27, 2019

Taxpayers who exchange cryptocurrency may receive a letter this month from the IRS regarding reporting issues.…

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Tax-Savvy Retirement Planning

March 29, 2019

With over 70 million baby boomers in the United States, how many are celebrating their 65th…

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Decrypting Cryptocurrencies

March 20, 2018

What are cryptocurrencies? The news is teeming with excitement about cryptocurrencies, whether it be Bitcoin, Ethereum…

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Tax Benefits of Vacation Rentals

December 2, 2015

In light of recent news on the regulation of vacation rentals, it is important to know…

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Student Scholarships – Free Money or Taxable Income?

April 3, 2015

The taxability of student scholarship funds has been an issue for many years. In any student…

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May 7 Deadline for Big Businesses

The Treasury Department is granting safe harbor to large and public companies that voluntarily return stimulus ...
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The CARES Act: An Overview for Individuals

The CARES Act provides some big wins for individual taxpayers who are in need of an ...
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The CARES Act: An Overview for Businesses

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on Friday, March ...
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Income Tax Relief in Response to COVID-19 Outbreak

On March 20, 2020, the IRS extended the federal tax filing deadline to July 15, 2020, ...
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Reporting Requirements for Video Game Currency

Amid school and business closures, some gamers may be increasing their screen time and raking in ...
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IRS Released Guidance on Meal and Entertainment Expense Deductions

In recently-proposed regulations, the IRS states that, in general, taxpayers can deduct 50% of the ordinary food ...
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Is a Donor-Advised Fund Right for You?

Donor-advised funds (DAFs) have grown in popularity over the past decade. According to the National Philanthropic Trust ...
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The SECURE Act: Key Takeaways and Strategies to Consider

Over the past few years, we have seen some of the greatest shifts in tax legislation. ...
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Tax Tips for Law Firms

Whether you're a partner or an associate in a law firm, the IRS has rules that ...
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Tax Deductions from Land Donations Under Scrutiny

The IRS announced that they will be keeping a watchful eye on certain land donation deals ...
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IRS Establishes No Clawback Rule on Gifts and Estates

‘Tis the season for giving! In a recent announcement, the IRS presented the highly-anticipated final regulations ...
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Team Member Spotlight

Congratulations to Ana Cook for completing the Insurance Academy Series with OneDigital! Ana wears many hats ...
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