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“Bunching” medical expenses will be a tax-smart strategy for many in 2017 |Gerson Preston

  Various limits apply to most tax deductions, and one type of limit is a “floor,” which means expenses are deductible only if they exceed that floor (typically a specific percentage of your income). One example is the medical expense deduction....
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2018 Q1 tax calendar: Key deadlines for businesses and other employers | Gerson Preston

  Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure...
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Watch out for potential tax pitfalls of donating real estate to charity |Gerson Preston

  Charitable giving allows you to help an organization you care about and, in most cases, enjoy a valuable income tax deduction. If you’re considering a large gift, a noncash donation such as appreciated real estate can provide additional benefits....
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