The Internal Revenue Service reminds small business taxpayers that changes to the tax law mean they can immediately expense more of the cost of certain business property. Many are now able to write off most depreciable assets in the year they are placed into service.
Small businesses expense more expand bonus depreciation Read More »
The Internal Revenue Service reminds eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2019.
Plan now to use Health Flexible Spending Arrangements Read More »
Want to check on an organization’s tax-exempt status? Try the IRS Tax Exempt Organization Search (TEOS) tool. [youtube https://www.youtube.com/watch?v=V4uD0htKKkk]
Your gift means a great deal – make sure it’s real Read More »
The rehabilitation tax credit offers an incentive for owners to renovate and restore old or historic buildings.
Changes to real estate rehabilitation tax credit 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 »