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:
Reduce Your Property Taxes
With the passage of the Tax Cuts and Jobs Act, deductions of state, local and property taxes are not worth as much as they used to be. Beginning in 2018, taxpayers are limited to a total of $10,000 in combined state income, sales and property taxes as an itemized deduction.