Do You Know How the New Tax Bill Will Affect Your Business?
There was a lot of hoopla about the new Tax Cuts and Jobs Act for 2018. When anything changes, people are wary and when money is involved, people become anxious. It’s understandable, but people are adaptable and will come to work with the new bill’s changes. It’s important to remember in the coming year to […]
2017-2018 Taxes: The Personal Exemption and Its Removal
A tax reform bill called the Tax Cuts and Jobs Act (TCJA) proposed changes by the IRS that were passed at the end of 2017. These changes included the increase of the standard deduction for married couples and singles, as well as the elimination of personal exemptions, which has altered how the public is to […]
8 Year-End-Tax-Strategies for High Income Earners
The good news, you had a great year and earned a high income. The bad news, here comes the tax man. This is a perilous time of year for high income earners. If you procrastinate with your tax decisions, you could face a much higher tax bill in April 2015. It is not too late […]
IRS Warns of Pervasive Telephone Scam
Here is a you tube video about this IRS scam WASHINGTON — The Internal Revenue Service today warned consumers about a sophisticated phone scam targeting taxpayers, including recent immigrants, throughout the country. Victims are told they owe money to the IRS and it must be paid promptly through a pre-loaded debit card or wire transfer. […]