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IRS Tax Updates for 2023

Last week the IRS announced its annual inflation adjustments for various tax provisions in the tax year 2023. Below are some of the items we believe would be of interest to many.

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The Gift of Giving

As we close out the year, this is a time that many are thinking about charitable giving. This year we have spent some time talking with many of you about beneficial ways to give to charity.

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Proposed Tax Law | What We Know and What We Don't

As extension season comes to a close for the 2020 tax year, we should now be looking ahead to what taxes are going to look like for 2021 and beyond. While some changes have already been put in place, we are all hearing a lot about the proposed changes that are still on the table.

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HIPPO Tax Services - The Year-Round Approach to Taxes

Why dedicate a “season” to taxes when they should be monitored year-round? At HIPPO Tax Services, service is year round not seasonal. Whether you are interested in solely tax services or aligning your investments with a tax strategy, HIPPO is here to help.

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Don't Miss Out on Year-End Tax Planning

While many of us may not want to look back on 2020, this year has opened up a number of possibilities when it comes to planning for your taxes. Congress passed several extensive laws to benefit individuals and businesses that have suffered hardship due to the Coronavirus.

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Inside HIPPO Tax

We are excited to announce our first YouTube video Inside HIPPO Tax has been posted through our Inside Curran series on our YouTube channel “Curran LLC.” We believe that taxes are an integral part of an overall financial plan.

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Tax Day, but there's more

A lot has changed since the beginning of 2020. One of those changes just happens to be the date to file your 2019 personal income tax return. Many people have taken advantage of the additional time to file their tax returns which was delayed until July 15, 2020, but it is important to note that this day is more than just the deadline to file your 2019 tax return. It is also the deadline for other tax related filings

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Charitable Giving: Weighing your Options

The passage of the TCJA (Tax Cuts and Jobs Act) a few years ago made the topic of charitable donations an even more interesting one when it comes to tax planning. Since charitable donations are an itemized deduction and many taxpayers found themselves in a position where they would no longer be itemizing, it became even more necessary to look at every possibility when it comes to fulfilling the desire to donate while also achieving the best tax outcome.

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