Tag Archive for: Business

Homebuyers: Can you deduct seller-paid points?

Homes have always been the foundation of our lives, but due to the pandemic, it is even more true that THERE IS NO PLACE LIKE HOME.

Tax Saving Opportunity – Excess Business Losses

Did you know that the CARES Act temporarily suspends the excess business loss (EBL) restrictions for individuals?

Can’t pay your income taxes on time?

What happens if you (or someone you know) can’t pay taxes on time?

What qualifies as a “coronavirus-related distribution” from a retirement plan?

Have you been thinking about taking a distribution from your retirement plan? Many people have been contemplating whether they should or shouldn’t take advantage of this provision in the Coronavirus Aid, Relief and Economic Security (CARES) Act.

Tax Tips – Good records are the key to tax deductions and trouble-free IRS audits

Many of you owning small business, start- up companies or plan to start up a company during this crazy time, you may be wondering how important record keeping is to your business.

Exceptional service during the current pandemic

Here at Encore we continue to focus on providing exceptional client and tax services, even during the pandemic.

IRA account value down? It might be a good time for a Roth conversion

Many people are wondering what they can do to cope with the current financial situation that is occurring due to the coronavirus (COVID – 19) pandemic. One area that you may want to take a look at are your retirement accounts.
The tax code provides a credit to purchasers of qualifying plug-in electric drive motor vehicles including passenger vehicles and light trucks. The credit is equal to $2,500 plus an additional amount, based on battery capacity, that can’t exceed $5,000.

COVID-19 makes favorable changes to “qualified improvement property” – 100% bonus now or retroactive!

Although electric vehicles (or EVs) are a small percentage of the cars on the road today, they’re increasing in popularity all the time. And if you buy one, you may be eligible for a federal tax break.

The tax code provides a credit to purchasers of qualifying plug-in electric drive motor vehicles including passenger vehicles and light trucks. The credit is equal to $2,500 plus an additional amount, based on battery capacity, that can’t exceed $5,000.

Encore’s Open House – January 22, 2019

On January 22nd, Encore opened their office doors to clients and colleagues. What resulted was an amazing night.

Encore Changing One Life At A Time

Here at Encore, we believe in the unity of a team and the potential that has to accomplish tasks that are beyond the abilities of any single person alone.  So when our relationship with Extraordinary Conceptions began back in 2015, there was no doubt in our minds that it would be the start of a beautiful relationship.

We were honored to host a luncheon for the Extraordinary Conceptions team and Surrogacy Law Center team in Carlsbad as a way to show our appreciation for their commitment and loyalty, not only to us but to our community as well.

Their dedication and passion for helping individuals, couples and families is what we love seeing in all of our clients, as it’s the very kind of environment we encourage here at Encore: People helping people.

So with great pride, we extend our thanks to all the Extraordinary Conceptions and Surrogacy Law Center teams who continue inspiring us through their dedication, commitment and hard work in helping families grow together.  We are honored to work with you and continue building our relationship with you and the community!