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  • About Timpe
    • About Timpe
    • Contact Us
  • Services
    • Accounting & Tax
    • Legal Services
    • Timpe Investment Advisory Services
    • Payroll
  • Client Tools
    • Form Download
    • Secure Portal
  • Pay Online
  • Client News & Information
    • Client Update Newsletter
    • Tax & Business Newsletter
    • Tax Planning Insights
    • Tax Tips

Archives

Monthly Archive for: "August, 2021"
 Does your employer provide life insurance? Here are the tax consequences
0
By Gary Timpe
In Taxes
Posted August 26, 2021

Does your employer provide life insurance? Here are the tax consequences

Employer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefit package, and the coverage is higher than $50,000, there may be [...]

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 ABLE accounts may help disabled or blind family members
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By Gary Timpe
In Taxes
Posted August 19, 2021

ABLE accounts may help disabled or blind family members

There may be a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose eligibility for government benefits to which they’re entitled. It [...]

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 Scholarships are usually tax free but they may result in taxable income
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By Gary Timpe
In Taxes
Posted August 12, 2021

Scholarships are usually tax free but they may result in taxable income

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and fellowships) are generally tax free for students at [...]

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 5 possible tax aspects of a parent moving into a nursing home
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By Gary Timpe
In Taxes
Posted August 4, 2021

5 possible tax aspects of a parent moving into a nursing home

If you have a parent entering a nursing home, you may not be thinking about taxes. But there are a number of possible tax implications. Here are five. 1. Long-term medical care The costs of [...]

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