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 […]…
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 […]…
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 […]…
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. […]…
With the April 17 individual income tax filing deadline behind you (or with your 2017 tax return on the back burner if you filed for an extension), you may be […]…
What 2017 tax records can you toss once you’ve filed your 2017 return? The answer is simple: none. You need to hold on to all of your 2017 tax records […]…
Perhaps. It depends on several factors, such as your parent’s income and how much financial support you provided. If you qualify for the adult-dependent exemption on your 2017 income tax […]…
Home ownership is a key element of the American dream for many, and the U.S. tax code includes many tax breaks that help support this dream. If you own a […]…
Whether you’re claiming charitable deductions on your 2017 return or planning your donations for 2018, be sure you know how much you’re allowed to deduct. Your deduction depends on more […]…
