Where Did My Tax Deductions Go?
Some deductions may be smaller (or nonexistent) when you file your 2018 tax return The Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax…
Some deductions may be smaller (or nonexistent) when you file your 2018 tax return The Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax…
Beware the Ides of March — if you own a pass-through entity Shakespeare’s words don’t apply just to Julius Caesar. They also apply to calendar-year partnerships, S corporations, and limited…
Nonprofits Now Subject to Tax on Parking-Related Expenses If your nonprofit organization provides parking benefits to your employees pre-tax, or otherwise provides parking for your employees, than your organization may…
Tax filing season is upon us. After year-end, it’s generally too late to take action to reduce 2018 taxes. Business owners need to plan accordingly and assess whether they’ll likely…
What you need to know when you file your 2018 tax return Commercial buildings and improvements are generally depreciated over 39 years. Over the depreciation period, this essentially means, you…
TCJA and Your Marginal Income Tax Rate While the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through 2025, some taxpayers could see their taxes…
Are you aware of them? Provided by Dane Wilson, Financial Advisor The federal government offers some major tax breaks for older Americans. Some of these perks deserve more publicity than…
Prepaying property taxes? Read This First Prepaying property taxes related to the current year but due the following year has long been one of the most popular and effective year-end…
Charitable contributions have been a long-standing tax strategy as long as you itemize and your gift qualifies. Did you know you can receive an additional tax benefit if you donate…
Gift Tax 101 According to the Pew Research Center, 10,000 baby boomers will reach age 65 every day for the next 19 years. This is the time many baby boomers…