IRS Regulations Clarify Business Pass-Through Deduction
Some of the major provisions of last year’s tax reform legislation were the many benefits provided for businesses, including cutting the C corporation tax
Tax Planning
Did You Pay Too Much Tax in Prior Years?
Have you been preparing your own returns? If not, did you have someone prepare it who didnât take the time to query you about possible tax deductions, credits
A Mid-Year Tax Checkup May Be Appropriate
Taxes are similar to vehicles, in that they sometimes need a check-up to make sure they are performing as expected. That is especially true for 2018, with all o
Making Estimated Tax Payments
The tax system is intended to be a âpay-as-you-goâ system, and the only way to prepay taxes is through withholding and estimated taxes. Generally, payroll c
Taxpayers Find Gift Tax Reporting Confusing
Gift taxes were created to prevent wealthy taxpayers from transferring their estates to their beneficiaries via gifts and thus avoid estate taxes when they pass
It’s Almost Summer – Who is Caring For The Kids When You Work?
It is almost summertime. Have you figured out what to do with the kids while they are out of school and you are at work? There are possibilities that may qualif
Is a Roth Conversion Right for You? But Be Careful, They Can No Longer Be Undone!
Roth IRA accounts provide the benefits of tax-free accumulation and, once you reach retirement age, tax-free distributions. This is the reason why so many taxpa
Big Changes to the Kiddie Tax
Years ago, to prevent parents from transferring their investment accounts into their children’s name to avoid taxes, Congress created what is referred to