What’s affected so far, and what could be next The government has been partially shutdown for two weeks and if it goes much longer, it could impact not only open cases with the IRS, but this [...]
Resolved to stay on top of tax deadlines this year? Let us help. Here are 2019’s important IRS dates and deadlines to mark on your calendar. Category [...]
A Tax Law Case Study When the Tax Cuts and Jobs Act passed at the end of 2017, CPAs hurried to understand the most comprehensive tax update in the United States since the late ‘80s. Throughout [...]
December is on its way, and in the blink of an eye, 2018 will be over – as will your opportunity to take advantage of last-minute tax deductions and savings for which your business may qualify. [...]
Reallocate money using strategic tax environments to get more bang for your buck. A strategic tax plan is one of the most important steps to accumulating wealth, and it is something our financial [...]
In early August, the IRS issued proposed regulations on the Tax Cut and Job Act. The regulations provide supplemental guidance on how the IRS will interpret and enforce the internal revenue code. [...]
The cost of higher education is increasing at an average of 3.1% for tuition and fees and 3.1% for room and board per year according to The College Board. For private colleges, this increase [...]
Qualified Business Income Deduction (QBI) Earlier this year, we published an article in Digital News Monthly with an outline of the new Qualified Business Income Deduction (QBI) QBI deduction. As [...]
When a patient comes in for their checkup you don’t treat them based on last year’s x-rays. Unfortunately, that’s how most tax preparers treat their clients. They simply plug in last year’s [...]
At first glance, there appears to be a long list of limitations when it comes to mortgage interest deduction under the new tax law, but the IRS says that “in many cases”, taxpayers can continue [...]
