Posts from March, 2018

  • Businesses Will Be Affected by the Tax Cuts and Jobs Act! In late December, President Trump signed the Tax Cuts and Jobs Act (TCJA) that provides extensive tax reform to our tax system. Business owners will be faced with several changes as well as tax planning opportunities beginning in 2018. Below is a summary of some provisions ... Continue Reading
  • Tips for Paying Estimated Taxes Estimated tax is a method used to pay tax on income that isn’t subject to withholding. You may need to pay estimated taxes during the year depending on your sources of income. For example, income from self-employment, interest, dividends, alimony, rent, gains from the sales ... Continue Reading
  • Season of Risk – Protecting Clients and Their Data Safety of your personal information and the threat of identity theft is one of the top concerns today by taxpayers. Because of this, here are a few things to consider when selecting a tax preparer for your business: Preparer Credentials. The IRS requires anyone who prepares ... Continue Reading
  • 2018 Filing Season Begins! The IRS has announced that it’ll begin accepting 2017 tax returns on Monday, January 29th. This is approximately one week later than last year, which gives the Service time to determine how the passage of the Tax Cuts and Jobs Act in late December will impact tax returns and ... Continue Reading
  • Tax Cuts and Jobs Act – How Does It Impact You? What can you expect in 2018 as a result of the Tax Cuts and Jobs Act? For starters, you may see a change in your paycheck as early as February since the IRS just released the revised 2018 federal tax withholding tables. Most of the other changes will appear when you file ... Continue Reading