May 29, 2023 | Tax, Uncategorized
In honor of the end of this year’s tax season, here’s some trivia questions for you! We can’t promise they’ll make you a hit at the next dinner party, but some of them are interesting nonetheless. How many answers do you know? The first true...
Jan 23, 2023 | Uncategorized
Some people take a vacation with their friends to celebrate their 40th birthday. Bill McMahon, Jr., and his wife, Sandy, purchased their own insurance agency for his 40th celebration. In 1981, Bill purchased Chattin-Halliday Insurance Agency in Ocean City and went to...
Nov 10, 2022 | Uncategorized
It’s not all about number crunching at Capaldi Reynolds & Pelosi. We also take time to celebrate! Congratulations! We are happy to announce that Maria Wagner, one of our hardworking employees, has obtained her CPA license. We recognize Maria’s achievement...
Aug 30, 2022 | Uncategorized
Charitable donations are not only beneficial for recipients, charitable donations benefit the ones donating as well. Mindful structuring of contributions can have tax advantages for the donor. There are a few ways to realize those advantages. Some are: gifts of...
Dec 5, 2019 | Tax, Uncategorized
While due dates for individual income tax returns, Form 1040, and estimated tax payments will remain the same, there are new requirements that affect individuals. One of the most important new deadlines for individuals is the April 15 deadline to file the FinCen 114,...
Dec 5, 2019 | Investing, Uncategorized
There are many types of IRAs. This article will discuss Traditional IRAs, Roth IRAs and non-deductible IRAs, available to individuals (or a spouse of an individual) with earned income or collecting alimony. The first criterion to consider is your age. If you are over...
