When most people hear the word “income” the next thing they think about is how much tax are they going to have to pay on the income.While it’s true that […]…
For those of you who are unfamiliar, the Tax Cuts and Jobs Act is a new law that was passed on December 15th, 2017. This new act impacts Tax years […]…
The most effective estate planning strategies often involve the use of irrevocable trusts, but what if you’re uncomfortable placing your assets beyond your control? What happens if your financial fortunes […]…
While the Tax Cuts and Jobs Act (TCJA) reduced most ordinary-income tax rates for individuals, it didn’t change long-term capital gains rates. They remain at 0%, 15% and 20%. The […]…
Funny thing about customers: They can keep you in business, but they can also put you out of it. The latter circumstance often arises when a company overly relies on […]…
The IRS issued notice 2018-14 to provide guidance on the withholding rules that were changed by the tax cuts and job act. This notice… Extended the effective period of forms […]…
The 2017 Tax Cuts and Jobs Act made significant changes to every aspect of the tax code, including estate and gift taxes. Prior to the 2017 tax act, the first […]…
Determining taxable income for purposes of meeting the required withholding and/or quarterly estimated tax payments keeps getting more complex and conceivably be even more difficult with the nuances of the […]…
The Tax Cuts and Jobs Act (TCJA) of 2017 enacts significant changes to the Internal Revenue Code that will significantly affect how taxpayers carry out their business and nonbusiness activities. […]…
The Tax Cuts and Jobs Act of 2017 introduced numerous provisions that reduce income taxes for business including a corporate tax rate cut (now at 21%) and the 20 percent […]…
