The IRS has issued Notice 2018-76, that provides guidance on the business expense deduction for meals and entertainment. This is in light of the Tax
Category: Tax News
October 2018 Tax Newsletter
Disaster Relief Several recent laws affect disaster relief for taxpayers. What does that mean for you? The Tax Cuts and Jobs Act (TCJA) removes the deductions for
Extended Individual Tax Returns Due October 15, 2018 and Other Tax Deadlines
Taxpayers who requested an extra six months to file their 2017 tax return, Monday, October 15, 2018, is the extension deadline for most taxpayers. This is
Third Quarter Estimated Tax Payment Due September 17
Why Pay Estimated Tax To avoid interest and penalties, you must make sufficient federal and state income tax payments long before your April filing deadline
September 2018 Tax Newsletter
Tax Notes If you own a pass-through entity such as a partnership, S corporation, LLC or sole proprietorship, look for information soon about the Qualified
State and Local Income Taxes (SALT) and Charitable Contributions
IR-2018-172 Treasury, IRS issue proposed regulations on charitable contributions and state and local tax credits WASHINGTON — The U.S. Department of the Treasury and the
Qualifying Relative and Exemption Amount
IRS issues notice with guidance Notice 2018-70 clarifies the definition of who is a “qualifying relative” for purposes of the new $500 credit for dependents
2018 Taxes Affected by TCJA 2017 Tax Reform
Tax Reform 101 The Tax Cuts and Jobs Act of 2017 officially starts affecting tax returns Jan 1, 2018, so your taxes next January will
August 2018 Tax Newsletter
Tax Notes The Tax Cuts and Jobs Act raised the Child Tax Credit from $1,000 to $2,000. Of this, up to $1,400 can be a
July 2018 Tax Newsletter
Mid-Year Tax Checkup It’s hard to believe that we are halfway through the year already. July is a good time to make sure that you