Refund Data The Tax Cuts and Jobs Act (TCJA), passed in December 2017, enacted a number of broad changes: It introduced new tax brackets, included an
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Good News for Taxpayers Who Under-Withheld
The Internal Revenue Service warned taxpayers to check their income tax withholding for almost all of 2018 due to how the Tax Cuts and Jobs
2018 Tax Highlights Video
Video includes key information about the TCJA tax reform changes that will affect you in the upcoming tax season. The highlights consist mostly of the
Meals and Entertainment Expenses per TCJA Tax Reform
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
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
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
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
2018 Tax Reform – Tax Law Changes
On December 22, 2017 the President signed into law H.R. 1 (officially titled ‘An Act to Provide for Reconciliation Pursuant to Titles II and V