November 6, 2018
As 2018 draws to a close and we are nearly one year into tax reform, the IRS is continually issuing various pieces of guidance and eduactional literature to help all of us navigate the complexities of the new law. We have found one such recent publication, "Publication 5307 - Basics for Individuals and Families", to be a good read for taxpayers. Whether or not you use a CPA or other tax preparer to prepare and file yoru tax returns, you might spend a few minutes glancing at Publication 5307 to better understand how the new law impacts your overall bottom line. An educated taxpayer is a saavy taxpayer and having a basic understanding of how tax reform impacts you can go a long way toward enhancing your opportunties for tax savings.
Our most precious commodity is time—and our attention is a close second. That’s why everyone can use some help on how to tune out daily distractions. We compiled the following helpful tips from copyblogger.com to get you started on dialing down distractions:
The April 15 filing deadline is rapidly approaching, so we encourage you to send us your tax documentation as soon as possible to expedite the filing process. Here are four important reasons why you should file your return sooner rather than later:
This tax season is an important one for many business owners because it’s the first that will be impacted by the Tax Cuts and Jobs Act (TCJA). How big of an impact is dependent on your unique situation. We’ve compiled this short list of provisions that may affect the business community: