Julian Block

Member Since: Apr 15th 2014

Columnist

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Bio

Attorney and author Julian Block is frequently quoted in the New York Times, Wall Street Journal, and the Washington Post. He has been cited as “a leading tax professional” (New York Times), an “accomplished writer on taxes” (Wall Street Journal), and “an authority on tax planning” (Financial Planning magazine). More information about his books can be found at julianblocktaxexpert.com.

Julian Block

Jun 11th 2019

Has the IRS Ruled on When Life Begins?

Hot-button issues in the 2020 campaign will include how to respond to climate change, foreign interference in our elections and immigration...

Jun 6th 2019

What are the IRS's Rules on Lost Tax Records?

In five previous columns , I discussed my use of “tax tidbits” to enliven conversations when talking taxes with clients or speaking to...

Individuals

May 30th 2019

3 Ways to Maximize Charitable Tax Deductions

When I chat with clients about revised tax rules, I’m careful not to tell them more than they would ever want to know. Instead, I focus on...

Individuals

May 28th 2019

What Property Owners Should Know About Rental Losses

I often receive letters and emails from retired individuals in need of financial advice. Many of their queries mention that they attended...

Clients

May 15th 2019

Are Medically Necessary Home Improvements Deductible?

Some of my clients incur sizeable medical expenses for themselves and family members. I tell them not to expect much help from the IRS when...

Individuals

May 7th 2019

Can Volunteers Deduct Their Expenses?

Many of my clients volunteer for religious institutions and other charitable organizations. I like to remind them that volunteers qualify...

May 3rd 2019

Should You Sell Investments to Family Members?

Your investment holdings might include an asset that’s dropped in value since you bought it. Still, you have great hopes for it, and while...

Individuals

Apr 23rd 2019

Can Clients Obtain Relief on Worthless Stocks?

The Internal Revenue Code doesn’t authorize much relief for investors when they suffer capital losses that exceed their gains. It allows...

Apr 11th 2019

Tax Reminders for Homeowners Who are Thinking of Selling

Got a vacation home? There’s an overlooked tax break if you rent it out—but a potential hit if you sell. First, the tax break: Long-...

Individuals

Apr 9th 2019

What Happens if Clients Misuse "Withheld" Dollars?

Recently, I started advising three entrepreneurial brothers who are the controlling shareholders of three companies with several hundred...