by Bruce E. Bell | Mar 1, 2021 | Bruce E. Bell, Insights, Tax Corner
Question: I want to purchase life insurance but do not want to liquidate my personal portfolio of securities to pay the premiums. Any suggestions for how I can accomplish this? Answer:...
by Bruce E. Bell | Feb 1, 2021 | Bruce E. Bell, Insights, Tax Corner
Question: I am a retired executive of a public company and received significant fees during 2020 from serving as a member of the board of directors of other companies. Is it too late to establish a qualified retirement plan to...
by Bruce E. Bell | Jan 4, 2021 | Bruce E. Bell, Insights, Tax Corner
Question: My spouse and I recently loaned our daughter and her husband the full amount needed to purchase a home. None of this was documented. Is there anything we should be doing? Answer:...
by Bruce E. Bell | Dec 8, 2020 | Bruce E. Bell, Insights, Tax Corner
Question: With the 2020 calendar year coming to a close, can you provide some suggestions for tax planning moves to make before year-end? Answer: The time value of money...
by Bruce E. Bell | Nov 2, 2020 | Bruce E. Bell, COVID-19 Updates, Insights, Tax Corner
Question:       I have been working from home since the onset of Covid in March of 2020. Am I entitled to an income tax deduction for the business use of my home office? Answer:          The answer depends in part on your employment status. If you are an employee...
by Bruce E. Bell | Oct 1, 2020 | Bruce E. Bell, COVID-19 Updates, Insights, Tax Corner
Question: Â Â Â Â Â Â I own and operate a small business. Is it true that the new tax law enables me to defer all of the payroll taxes incurred on the wages I pay to my employees? Answer: Â Â Â Â Â Â Â Â Â Not exactly. The deferral only applies to some of the payroll taxes that...