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Turning stock downturns into tax advantages

by DunlapSLK | Mar 18, 2025 | Resources For Individual Taxpayers

Have you ever invested in a company only to see its stock value plummet? (This may become relevant in light of recent market volatility.) While such an investment might be something you’d rather forget, there’s a silver lining: you can claim a capital loss deduction...

Disaster victims may qualify for tax relief…including on amended returns

by DunlapSLK | Mar 17, 2025 | Resources For Employers, Resources For Individual Taxpayers

Victims of presidentially declared disasters in recent years who couldn’t previously claim a casualty loss deduction may now be able to claim a refund. Additional tax relief also might be available. Read on to learn more about the potential opportunities for victims...

The 2024 gift tax return deadline is coming up soon

by DunlapSLK | Mar 8, 2025 | Resources For Individual Taxpayers, Uncategorized

If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2024 gift tax return. And in some cases, even if it’s not required to file one, you may want to do so anyway....

Maximize your 401(k) in 2025: Smart strategies for a secure retirement

by DunlapSLK | Feb 28, 2025 | Resources For Individual Taxpayers

Saving for retirement is a crucial financial goal and a 401(k) plan is one of the most effective tools for achieving it. If your employer offers a 401(k) or Roth 401(k), contributing as much as possible to the plan in 2025 is a smart way to build a considerable nest...

L. Brent Kolb Named Managing Director of DunlapSLK

by DunlapSLK | Feb 7, 2025 | Firm Operations, Resources For Employers, Resources For Individual Taxpayers

DunlapSLK is pleased to announce that L. Brent Kolb, CPA, MT has been named as the firm’s new Managing Director. Brent succeeds Dennis Dunlap, who will continue in his role as one of the firm’s Shareholders. Dennis’ focus will be on continuing to serve...

President Trump’s tax plan: What proposals are being discussed in Washington?

by DunlapSLK | Feb 7, 2025 | Resources For Employers, Resources For Individual Taxpayers

President Trump and the Republican Congress plan to act swiftly to make broad changes to the United States — including its federal tax system. Congress is already working on legislation that would extend and expand provisions of the sweeping Tax Cuts and Jobs Act...
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Recent Posts

  • President Trump signs his One, Big, Beautiful Bill Act into law
  • The U.S. Senate passes its version of President Trump’s tax bill
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  • The House passes The One, Big, Beautiful Bill Act: An overview of its tax provisions
  • EV buyers, beware! House GOP bill ends clean vehicle tax credits after 2025

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