Making a decision about how many deductions to take from your paycheck is often unclear. The changes in the tax law for 2018 make this a vital issue for all. If you withhold too much, you may receive a tax rebate; yet withhold too little and you may owe the IRS at tax time. Check […]
Deductions, Contribution Limits and Summertime! Read More »
Online shopping taxes in 50 states and over 3000 counties across the US has become reality for businesses – small and large with the recent Supreme Court decision. States and counties have been searching for ways to boost their revenue streams. Online retailers and marketplaces are now faced with compliance to collect tax on orders placed
Does the Supreme Court Decision About Online Taxes Impact You? Read More »
Tuesday 17 April, 2018 is the deadline for individuals filing 2017 federal taxes! Did you know there are different due dates for specific individuals and corporations that do not apply to everyone? TaxAct.com provides a reference library outlining Federal Due Dates by month by taxpayer type and provides state specific filing requirements. Check it out
Tax Filing References Available Read More »
Happy April, Happy Holiday weekend, Happy Spring! Want to relay a an item of financial importance (no joke!) today for those who turned 70 between July 1, 1946 and June 30, 1947. Today, April 1st is the deadline for those who are 70 1/2 or older to start taking required minimum distributions (RMD’s) from their
It’s that time of year – The Final Four and the final push to gather what’s needed and file personal taxes! 2017 was no stranger to identity theft due to the Equifax data breach, exposing private information of over 145 Million Americans. Many Americans began filing taxes as early as 29 January, 2018. The Federal
We are one month away from individuals filing 2017 taxes and today we’ll discuss taxes for the longer term. Yes, in 2018 the new provisions passed by Congress in December, 2017 will take effect. Coverage of these provisions has highlighted the impact to companies and businesses. Today, we will consider the impact of these new
Tax Considerations for Individuals Read More »
This time of year affords us an opportunity to reflect upon the year. What worked well this year? What tweaks may we make for next year? Are there areas of opportunity to explore next year? Year-end tips and tricks from the experts include specific areas of review. Here are a few areas you may wish
Taxes are in the news of late. There is one particular tax that gets a lot of press – the “estate tax”. Let’s look at the facts about estate taxes today – what in the heck is the “estate tax”? Small business owners and families alike face a variety of issues throughout life. Taxes come
What is the “Estate Tax”? Read More »
It’s that time of year again … tax time! Assembling what we have earned and spent the year before is upon us to complete the requisite tax filings. Fraudsters seek to enter this season by obtaining names, social security numbers and other personal information to obtain a refund. If they “beat us to the punch”,
Protect Against Tax Identity Theft Read More »
Happy New Year! USA Today posted an article yesterday which provides a helpful overview for in business owners as we enter 2017. Tax implications of decisions implemented are best known in advance. Check with your tax consultants to ensure you are well prepared to take advantage of these new laws taking effect in 2017. “Joyce
New Laws for Businesses in 2017 Read More »
