News
-
November 6, 2019
401(k) Contribution Limit Increases to $19,500 for 2020; Catch-up Limit Rises to $6,500
Taxpayers can deduct contributions to a traditional IRA if they meet certain conditions.
-
November 5, 2019
The Looming Dec. 31 Opportunity Zone Deadline: What It Means For Investors
Is the difference between 15% and 10% enough to push investors into QOFs in the last quarter of 2019? In a word: maybe.
-
November 1, 2019
Like-kind exchanges and personal property
Prior to the like-kind exchange, tax planning should be done to create the most tax-advantageous outcome.
-
October 31, 2019
Planning for Medicare taxes, premiums, and surcharges
A little foresight can reduce costs.
-
October 29, 2019
Opportunity Zones Take Shape Despite Mixed Reviews
At the Connect Opportunity Zone conference last week, investors described some of the exciting projects that this new economic stimulus program has set in motion.
-
October 23, 2019
IRS urges tax professionals to renew PTINs now for 2020
Once completed, users will receive confirmation of their PTIN renewal. There is no fee for renewing or obtaining a PTIN for 2020.
-
October 21, 2019
IRS recommends business owners e-file payroll tax returns
Efile security standards ensure tax information is protected from security breaches.
-
October 9, 2019
Virtual currency: IRS guidance on tax treatment and reminds taxpayers of reporting obligations
The IRS is actively addressing potential non-compliance in this area through a variety of efforts, ranging from taxpayer education to audits to criminal investigations.