Aug 2, 2018 | Tax, Uncategorized
Student Loan Forgiveness Creates New Tax Trap August 24, 2018 The Debt Forgiveness Program Dilemma To combat the hardship of high student loan debt, a popular new repayment option is the income-based repayment plan. These plans limit monthly payment amounts to a...
Jul 30, 2018 | Tax, Uncategorized
Supreme Court Ruling Complicates Sales Tax August 1, 2018 The U.S. Supreme Court issued a ruling in the South Dakota vs Wayfair case that opens the door for states to impose sales tax on sellers outside their borders. The case highlights a new standard of business...
Jul 3, 2018 | Tax, Uncategorized
Five Tax Breaks for New Parents July 12, 2018 New parents have their work cut out for them. Not only are they dealing with lost sleep, they also face the extra cost of raising a child. At least there are a lot of potential tax breaks available to them. Check out this...
Jul 3, 2018 | Tax, Uncategorized
Is It Worth It to Amend Your Return? July 26, 2018 Whether it makes sense to amend your return depends on which of these situations you’re in: If You Owe the IRS If you discover an omission on your tax return that results in you owing additional tax, you...
May 29, 2018 | Tax, Uncategorized
Planning for 2018 Tax Changes June 1, 2018 Now is the ideal time to schedule a tax-planning session. Your tax return outcome is still fresh, and it’s early enough in the year to make corrective action to take advantage of the numerous new tax law changes taking place...
Apr 30, 2018 | Tax, Uncategorized
Tax Cuts and Jobs Act FAQs May 1, 2018 The Tax Cuts and Jobs Act (TCJA) was passed by Congress in a hurry late last year, and the IRS and tax preparers have been working to digest some of the more thorny issues created by the tax overhaul. Here are the latest answers...
