Mar 8, 2018 | General Tax Information
For those just beginning their “work life”, tax preparation and planning is a new and usually frustrating experience. Below are 10 questions designed to help you prepare for a meeting with a tax consultant/professional. What is my filing status? Listed below are the...
Mar 1, 2018 | General Tax Information
A 20% deduction can be claimed by the owners of S-Corporations, Partnerships, Sole Proprietorships, and beneficiaries of trusts (all, usually, do not pay tax at the entity level). The income is passed through to the owners. IRC 199A does not usually pertain to...
Feb 27, 2018 | General Tax Information
On February 9, 2018, at the 11th hour Congress passed the budget bill and it was signed into law. In an unprecedented move, Congress extended a few tax deductions and credits to 2017 that had expired on December 31, 2016. Because there was absolutely no advanced...
