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With 24 years of experience as an H&R Block tax pro, Clifford enjoys working with clients to get the most from their taxes and reach their tax-related financial goals. Like all H&R Block tax pros, Clifford stays sharp with an average of 32+ hours of training per year and brings additional experience as an Enrolled Agent (EA). Clifford specializes in multi-state income, estates and trusts, rental income and more.
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This usually happens when tax payers work across state lines or have lived in multiple states in a tax year.
The estate tax involves the right to transfer property at one’s death. A trust allows a third party to hold assets on behalf of a beneficiary or beneficiaries, with various tax rules for income.
Rental income is taxed at standard income tax rates, but you can also deduct the costs of buying and improving a rental property.
Retirement income, pensions, and annuities can change the way you file your taxes.
Investment income can include buying low/selling high, stocks and bonds, and capital losses.
Foreign income sources like wages, interest from a bank account, payouts on a stock, or rental income are all taxable in the U.S.
If a disaster loss is not reimbursed by insurance or other means, you can deduct it on your taxes.
Proprietorships, C corps, and S corps all file yearly taxes, but the forms used to file depend on the way the business is set up.
This includes tax audits and notices from the IRS that say there’s an unpaid balance or issue with your return.
Donations made to qualified charities can be deducted to reduce taxable income.
Work with a tax pro to build a tax strategy that fits your unique situation and financial goals.