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

Dec 4th 2018

How to Avoid Estimated Tax Penalties: Part Two

In a previous column, I discussed a few ways your clients can sidestep estimated tax penalties. Here, I’ll discuss two other strategies...

Individuals

Nov 30th 2018

How to Avoid Estimated Tax Penalties: Part One

Many of my clients are freelancers who are legally required to make estimated tax payments. I remind them that the IRS takes a dim view of...

Individuals

Nov 26th 2018

How Clients Can Obtain Tax Relief for Medical Expenses

The IRS severely limits tax relief for medical expenses. It prohibits taxpayers who claim the standard deduction amounts from writing off...

Individuals

Nov 20th 2018

How the IRS Handles Sellers Who Suffer Losses

Internal Revenue Code Section 121 authorizes phenomenal breaks for individuals who reap profits on the sales of their principal residences...

Nov 14th 2018

What Happens When People Plead the Fifth on Form 1040

Tax protesters contend there’s a constitutional basis for not filing a Form 1040 or not paying taxes. When confronted by their accountants...

Individuals

Nov 9th 2018

How Clients Can Pay Less in Taxes

I receive many queries about taxes. Most of the questions people send are usually about the same topic: They want my advice on how to lose...

Individuals

Nov 2nd 2018

How to Handle End-of-Year Payments

When I discuss year-end tax planning with my clients, many of them say they plan to accelerate deductions from 2019 into 2018. I caution...

Individuals

Oct 31st 2018

What Changes Did the IRS Make to Standard Business Mileage Rates?

Many of my clients use their cars for business, medical and charitable purposes. I remind them that the IRS annually revises the standard...

Oct 26th 2018

What Counts Towards the Child-Care Credit?

Did you know the IRS will help out with a tax credit if you must hire someone to care for a child under 13, a disabled dependent of any age...

Individuals

Oct 23rd 2018

How Clients Can Protect Themselves When Loaning Money to Loved Ones

These being tumultuous times, I frequently field queries from clients who have relatives or friends asking them for loans. These would-be...

Clients