News
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May 28, 2018
Law change affects moving, mileage and travel expenses
Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.
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May 23, 2018
IRS issues notice on state and local tax deductions
The Tax Cuts and Jobs Act (TCJA) limited the amount of state and local taxes an individual can deduct in a calendar year to $10,000.
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May 21, 2018
The 3 Reasons Why People Do Estate Planning
Estate planning attorneys have the knowledge and background to make suggestions that will help determine your future asset allocations.
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May 16, 2018
Taxpayers who usually itemize deductions should check their withholding to avoid tax surprises
The Tax Cuts and Jobs Act nearly doubled standard deductions and changed several itemized deductions.
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May 14, 2018
IRS warns of variation of Form W-8BEN scam
Crooks impersonate IRS to get banking and other information
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May 9, 2018
Seasonal, Part-year Workers Urged to Check Tax Withholding Amount
As a general rule, the fewer withholding allowances an employee enters on the Form W-4, the higher their tax withholding will be.
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May 7, 2018
IRS provides disaster readiness guidance during National Hurricane Preparedness Week
Preparing for an emergency requires a regularly-updated emergency plan.
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May 1, 2018
Corporation’s self-leasing rental expense deduction denied
The Tax Court holds that the payments were not for rent.