The recently enacted Tax Cuts and Jobs Act is a sweeping tax package that will take effect in 2018. Here is a detailed article provided by our tax service of the significant changes impacting individuals and businesses.
The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Here’s a look at some of the more important elements of the new law that have an impact on individuals.
You still have time to put yourself in the best tax position possible before the clock strikes midnight on New Year’s Eve. Follow these five tips and you won’t be sorry when tax season rolls around.
There are more than a dozen variations of the information return known as Form 1099. Most are specific to certain industries. But nearly every company, large or small, has to issue Form 1099-MISC.
The IRS and the Social Security Administration published some inflation-adjusted numbers for retirement contributions and gifts for 2018. You can use this information as you begin your tax and financial planning for the coming year.
As the year draws to a close, there are several tax-saving ideas you should consider. Use this checklist to make sure you don’t miss an opportunity before the year is out.
Every year taxpayers are hit with tax surprises that could be avoided if they just knew the rules. Here are three big ones that are easy to avoid with some simple planning.
The tuition and fees deduction expired last year. Fortunately, you may still be able to benefit from other education tax benefits, including the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit.
There are nearly 1,000 different tax forms used by the IRS to report tax obligations. It’s no wonder the IRS faces thousands of tax returns with errors each year. Here are some of the most common:
