Do you know the highest individual tax rate under the new laws? What are the highest tax rates in the history of the United States? While these were some inte...
Put the Tax Cuts to work for your Business
IRS Encourages Taxpayers to Check Withholding
Jul 06, 2018Are you withholding enough money from your regular paychecks? The Tax Cuts and Jobs Act (TCJA) has made several significant changes to the tax rules for individ...
Take Advantage of Expanded Tax Breaks for Business Vehicles
May 18, 2018The Tax Cuts and Jobs Act (TCJA) expands the first-year depreciation deductions for vehicles used more than 50% for business purposes. Here’s what small b...
How the New Tax Law Affects Rental Real Estate Owners
Mar 26, 2018Do you own residential or commercial rental real estate? The Tax Cuts and Jobs Act (TCJA) brings several important changes that owners of rental properties shou...
Is a Roth IRA Still Beneficial under the New Tax Law?
Mar 26, 2018The Roth IRA remains an attractive retirement planning vehicle for many individuals after the changes made by the Tax Cuts and Jobs Act (TCJA). Here’s wh...
Big Changes for Individuals who Itemized Deductions
Feb 05, 2018Do you Itemize? The new Tax Cuts and Jobs Act (TCJA) significantly changes some parts of the tax code that relate to personal tax returns. As a result, million...
How S Corporations Can Save on Federal Employment Taxes
Feb 06, 2017If you own an unincorporated small business, you may be getting fed up with high self-employment (SE) tax bills. One way to lower your SE tax liability is to co...
Employee, Partner or Both? Recent Developments Help You Decide
Jan 19, 2017Are you an employee, a partner, a partner who doesn’t know it — or a combination of these classifications? The answer can have serious tax implications....
Year-End Tax Strategies for Small Businesses
Nov 21, 2016It’s not too late to take steps to significantly reduce your 2016 business income tax bill and lay the groundwork for tax savings in future years. Here...