Apr 4, 2018 | Tax, Uncategorized
2nd Quarter Interest Rates Increase April 11, 2018 Interest rates charged by the IRS on underpaid taxes and applied by the IRS on tax overpayments will increase for the second quarter of 2018 (April 1 through June 30). Here are the new rates: For Individuals 5...
Apr 4, 2018 | Tax, Uncategorized
When to File an Extension April 9, 2018 While most people should file a tax return by April 17, you have the option of delaying your filing date until Oct. 15 with a tax extension. When to File an Extension Missing or Incorrect Information If one of the forms...
Mar 30, 2018 | Tax, Uncategorized
Getting Tax Credits for Research & Development April 3, 2018 Tax credits are one of the best tax-reduction tools for your business because they directly decrease your tax bill dollar for dollar. The business research and experimentation credit, also called the...
Mar 8, 2018 | Tax, Uncategorized
Nontaxable Income March 26, 2018 There are several sources of revenue that are not subject to income tax. Do you know what they are? Here are the most common sources of money that are generally not taxed on your federal income tax return: Borrowed money, such as from...
Mar 8, 2018 | Tax, Uncategorized
Tips for Putting Your Tax Refund Into a Retirement Account March 20, 2018 If you plan on having the IRS deposit your tax refund into one or more individual retirement accounts (IRAs), most of the hard part is already done: You’ve already decided that you want...
Feb 6, 2018 | Tax, Uncategorized
The New Tax Act Means Big Changes for Taxpayers February 6, 2018 The Tax Cuts and Jobs Act was passed at the end of December 2017 with some of the most sweeping changes taxpayers have seen in 30 years. Here are a few big changes to come out of the new act — and what...
