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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, 2023"
 Selling your home for a big profit? Here are the tax rules
0
By Gary Timpe
In Taxes
Posted August 30, 2023

Selling your home for a big profit? Here are the tax rules

Many homeowners across the country have seen their home values increase in recent years. According to the National Association of Realtors, the median price of existing homes sold in July of 2023 [...]

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 The tax consequences of employer-provided life insurance
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By Gary Timpe
In Taxes
Posted August 22, 2023

The tax consequences of employer-provided life insurance

If your employer provides life insurance, you probably find it to be a desirable fringe benefit. However, if group term life insurance is part of your benefits package, and the coverage is higher [...]

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 Disabled family members may be able to benefit from ABLE accounts
0
By Gary Timpe
In Taxes
Posted August 18, 2023

Disabled family members may be able to benefit from ABLE accounts

If you have family members with disabilities, there may be a tax-advantaged way to save for their needs — without having them lose eligibility for the government benefits to which they’re [...]

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 Can you deduct student loan interest on your tax return?
0
By Gary Timpe
In Taxes
Posted August 11, 2023

Can you deduct student loan interest on your tax return?

The federal student loan “pause” is coming to an end on August 31 after more than three years. If you have student loan debt, you may wonder whether you can deduct the interest you pay on your [...]

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 Pocket a tax break for making energy-efficient home improvements
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By Gary Timpe
In Taxes
Posted August 4, 2023

Pocket a tax break for making energy-efficient home improvements

An estimated 190 million Americans have recently been under heat advisory alerts, according to the National Weather Service. That may have spurred you to think about making your home more energy [...]

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 Moving Mom or Dad into a nursing home? 5 potential tax implications
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By Gary Timpe
In Taxes
Posted August 4, 2023

Moving Mom or Dad into a nursing home? 5 potential tax implications

More than a million Americans live in nursing homes, according to various reports. If you have a parent entering one, you’re probably not thinking about taxes. But there may be tax consequences. [...]

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