New Tax Legislation Requires Planning
Though many taxpayers appreciate the income tax cuts in the Tax Cuts and Jobs Act (TCJA) passed late last year, others are skeptical that it will simplify their tax planning. With every simplification, there are many more tax issues that still require planning to realize extra tax benefits. Here are seven of them:
Answers to Commonly Asked Tax Questions
With all of the headlines about the changes to tax law, you probably have lots of questions. Here are answers to some of the most common questions taxpayers have this year.
Alert: Expired Home and Education Tax Breaks Revived
Congress passed a federal budget bill in early February that revived dozens of expired tax breaks for the 2017 tax year. They include a deduction for education expenses as well as several tax breaks for homeowners.
Taxes and Virtual Currencies: What You Need to Know
Virtual currencies are all the rage lately. Here are some tax consequences you must know if you decide to dip your toe in that world.
Tips For When Your Employees Are Family Members
Working with family can be a pleasure. It can also be a pain, especially if you have to terminate a family member's employment. Here are tips to help you ease the strain of mixing your family and employee relationships: