Tax Document Retention for Your Business
Tax document retention guidelines for businesses Your taxes are filed. But the office and computer files are bulging with all the records you’ve accumulated throughout the year and the…
Tax document retention guidelines for businesses Your taxes are filed. But the office and computer files are bulging with all the records you’ve accumulated throughout the year and the…
Sec. 179 expensing provides small businesses tax savings on 2017 returns — and more savings in the future If you purchased qualifying property by December 31, 2017, you may be…
Personal exemptions and standard deductions and tax credits, oh my! Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018 through 2025. But…
The TCJA temporarily expands bonus depreciation The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily…
Why you may want to accelerate your property tax payment into 2017 Accelerating deductible expenses, such as property tax on your home, into the current year typically is a good…
Tax Reform Details Families and Individuals The number of tax brackets for individuals have been reduced from seven to four brackets, with the top bracket remaining at 39.6%. Preliminary break…
Teachers who buy supplies for their classrooms may be eligible for a tax break. At back-to-school time, much of the focus is on the students returning to the classroom —…
Midyear Tax Planning In the quest to reduce your tax bill, year-end planning can only go so far. Tax-saving strategies take time to implement, so review your options now. Here…
Key tax deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2017. Keep in mind…
Business owners: When it comes to IRS tax audits, be prepared If you recently filed your 2016 income tax return (rather than filing for an extension) you may now be…