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General Discussion, Tax Planning & Preparation, Business Advisory Services
IRS TAX TIP TO PROTECT YOUR PRIVACY
Feb. 22, 2019
Here’s what taxpayers should do to protect private data Taxpayers should protect their personal and financial data from criminals who continue to steal large amounts of information. Thieves use the data to file bogus tax returns and commit crimes while impersonating the victim.   ... View Article>
Tax Planning & Preparation
IRS WILL WAIVE PENALTIES FOR MANY INDIVIDUAL FILERS FOR 2018 RETURNS
Jan. 17, 2019
WASHINGTON (Reuters) - The U.S. government tax agency said on Wednesday it would not impose penalties on many taxpayers who had too little federal income tax withheld from their pay last year, or who paid less than their estimated tax liabilities. In a concession that follows a sweeping U.S. tax overhaul enacted in late 2017, the In... View Article>
Tax Planning & Preparation, Business Advisory Services, IRS and State Tax Audit Representation
Tax Developments to Pay Attention To - Especially for Businesses.
Jan. 16, 2019
The following is a summary of important tax developments that occurred in October, November, and December of 2018 that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps you should implement to take advantage of favorable developments and to mi... View Article>
General Discussion
A STRONG ECONOMY OR LOOMING RECESSION?
Dec. 7, 2018
Impending signs of “doom” lurking around the corner sent U.S. stock markets into a tailspin this week, falling roughly 4 percent at their lowest intra-day point. Volatility and downward pressure has been a relatively consistent theme for the Dow Jones Industrial Average, the S&P 500 index and the Nasdaq Composite Index in rece... View Article>
Tax Planning & Preparation, Business Income, IRS and State Tax Audit Representation
Tax Cuts and Jobs Act: A comparison for businesses
Nov. 1, 2018
The PDF below is a comparison of certain provisions of the Tax Cut and Jobs Act  (TCJA)to the old tax law for businesses. Please contact us for more information. View Article>