The tax legislation pushed through Congress at the end of 2017 wiped out some deductions for individuals and changed some others, particularly those relating to moving, mileage and travel.Here’s a…
Read more about New Tax Law Changed Allowable Expense Deductions
The IRS yesterday announced that they have begun sending tax bills to those who filed returns but didn’t pay their entire balance.In June or July, taxpayers who still have a balance with the IRS will…
Read more about Some Taxpayers Now Receiving Tax Bills from the IRS
How Did the TY2017 Tax Season Turn Out?We’re a few weeks removed from tax season, so we wanted to hear what tax professionals thought about the latest iteration of the January-to-April annual…
Read more about Jim Lowe & Jerry Gaddis Recap Tax Season – EP10
While most of the big tax-code changes we’ve heard about in the tax legislation passed in December don’t take effect until TY 2018, there are still a few things preparers need to keep in mind this season.…
The proposal intends to reduce the deficit by nearly $2 trillion during the next decade, through a combination of new revenues and budget cuts. The president says his proposed budget is not his ideal plan to cut the deficit, but...…
