Tax law changes may affect business owners
The Internal Revenue Service reminds business owners that tax reform legislation passed last December affects nearly every business.
Tax law changes may affect business owners Read More »
The Internal Revenue Service reminds business owners that tax reform legislation passed last December affects nearly every business.
Tax law changes may affect business owners Read More »
Low-income housing units nationwide may be offered to displaced victims of Hurricanes Michael and Florence, other recent disasters The Internal Revenue Service has provided temporary relief from certain requirements of the Internal Revenue Code to allow owners and operators of low-income housing projects located anywhere in the United States and its territories to provide temporary
Low-income housing units offered to displaced victims recent disasters Read More »
With just a few months left in tax year 2018, the Internal Revenue Service today urges small business owners to learn about how the new tax law changes may affect them.
Small business, self-employed should plan now for new changes Read More »
Tax reform legislation passed in December 2017 includes changes that affect businesses. One of these changes allows businesses to write off most depreciable business assets in the year they place them in service.
100-percent depreciation deduction benefits business taxpayers Read More »
If you’re currently taking care of your children and elderly parents, count yourself among those in the “Sandwich Generation.” Although it may be personally gratifying to help your parents, it can be a financial burden and affect your own estate plan. Here are some critical steps to take to better manage the situation.
Are You a Member of the Sandwich Generation? Read More »
Individual Retirement Arrangements – better known simply as IRAs – are accounts into which someone can deposit money to provide financial security when they retire.
Facts to help taxpayers understand IRAs Read More »
With tax reform bringing major changes for the year ahead, the Internal Revenue Service today urged retirees to make sure they are paying in enough tax during the year by using the Withholding Calculator, available on IRS.gov.
Retirees: Avoid a surprise tax bill Read More »
Hurricane Florence victims in parts of North Carolina and elsewhere have until Jan. 31, 2019, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced.
Extended deadlines tax relief for victims of Hurricane Florence Read More »
With kids back in school, it’s a good time for parents (and grandparents) to think about college funding. One option, which can be especially beneficial if the children in question still have many years until heading off to college, is a Section 529 plan.
Tax Advantages of a 529 Savings Plan Read More »
The Tax Cuts and Jobs Act (TCJA) didn’t eliminate the individual alternative minimum tax (AMT). But the law did draw a silver lining around it. Revised rules now lessen the likelihood that many taxpayers will owe substantial taxes under the AMT for 2018 through 2025.
TCJA Draws a Silver Lining Around the Individual AMT Read More »