tax code

Op-Ed, Financial Focus: Working from Home? Can You Write Off Expenses On Your Taxes?

By PROFESSOR ANTHONY RIVIECCIO, MBA PFA
So, you’ve been working from home for how long now? Two months? You’ve had to set up a space in your home, maybe reconfigure or buy an online platform, computer or laptop. I’m sure you’ve had to buy supplies or equipment, and, of course, you’ve used your phone and had lunch every day too. In all likelihood, you’ve probably been working longer hours than usual.   Has your employer paid you for those extra expenses? If not, can you write these items off on your taxes? The answer is yes, but first a little history! Prior to 2017, working-from-home costs


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Financial Focus: 2018 Tax Season, a New Income Tax World

By PROF. ANTHONY RIVIECCIO, MBA PFA
Do you own a home, condo, or coop? Do you pay job expenses or alimony? Do you have dependents? Guess what? You’re in income tax trouble! Welcome to income taxes 2018! Starting in January of 2019, taxpayers will learn the true effect of the 2017 tax reform bill. In my opinion it’s the good, the bad, the ugly, and the ugliest. The Good: Well, since January of 2018, you have received more money in your check. Yes I know it’s not that much (on average two percent) but still, if you make $50,000, you are going to receive by the


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