Employee Retention Credit
When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you — besides the much-discussed tax rate cuts and reduced itemized deductions.
Best Firm for Technology
The IRS opened the income tax return filing season on January 28.
flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been great news for these entities and their owners.
Year-End Planning
The IRS has released final regulations and additional guidance, just before the first tax season in which taxpayers can claim the deduction.
covid-19 relief package
Some taxpayers could see their taxes go up due to reductions or eliminations of certain tax breaks.
Damage Calculations
The IRS has announced that it will begin accepting paper and electronic tax returns for the 2018 tax year on January 28.
Employee Retention Credit
There are two major changes under the Tax Cuts and Jobs Act (TCJA).
Password management
Now that the new year has begun, there isn’t too much you can do to reduce last year's income tax liability, but it’s smart to begin preparing for filing this year's return.
Paycheck Protection Program
The IRS released temporary guidance on the amended limit on deductions for business interest expense for tax years beginning in 2018.
working remotely
Increasing your retirement plan contributions can be particularly advantageous if your itemized deductions will be smaller than in the past because of changes under the Tax Cuts and Jobs Act (TCJA).
emergency fund
The IRS has announced its cost-of-living adjustments to tax items that might affect you.
Section 529 plans are a popular education-funding tool because of tax and other benefits.
medical expenses
Some of your medical expenses may be tax deductible, but only if you itemize deductions and have enough expenses to exceed the applicable floor for deductibility.
Decrease Tax Bill
The Tax Cuts and Jobs Act (TCJA) created more than 100 new tax provisions — a staggering thought as you begin to prepare for the next filing season.
Opportunity Zones
The Tax Cuts and Jobs Act (TCJA) includes a provision that Secretary of the Treasury Steven Mnuchin said should lead to $100 billion in capital investments in distressed areas.
tax planning for business
The passage of the Tax Cuts and Jobs Act (TCJA) in late 2017 brought significant changes to the tax landscape.
Business Meal Expense Deduction
The Tax Cuts and Jobs Act (TCJA) was packed with goodies for businesses, but it also seemed to eliminate the popular meal expense deduction in some situations.
Charitable IRA Rollovers
If you’re age 70½ or older, you can make direct contributions from your IRA to qualified charitable organizations without owing any income tax on the distributions
The Tax Cuts and Jobs Act (TCJA) created a new general business tax credit for certain businesses that grant their qualifying employees paid family and medical leave.
Does your business reimburse employees’ work-related travel expenses?
One of the most valuable tax breaks in the Tax Cuts and Jobs Act...
Where to Retire
Choosing a state that has no personal income tax may appear to be the best option, but that might not be the case once you consider property taxes and sales taxes.

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