Charles Rettig, the new IRS Commissioner, has confirmed that the IRS will begin accepting 2018 tax returns starting January 28th and the IRS will also begin processing refund checks now. This is great news […]
From the 'Taxation' Category:
As the 2019 tax season rolls into full swing, good news just hit the press! Newly appointed IRS Commissioner Charles Rettig just announced that the IRS will waive more penalties for taxpayers who didn’t […]
Business taxes are governed by a large volume of tax codes, rules, regulations and procedures. Knowing the ins and outs of these various requirements can make the difference between a tax refund or a […]
There’s usually some degree of confusion regarding when “taxes” are due. Here are a few tips to help you better understand when tax returns and payments are due. Depending on the type of tax […]
IMPORTANT!!!! If you contribute to a Health Savings Account (HSA) you’ll want to take note – the new 2018 limit has been reduced to $6,850. The IRS had previously announced that the family limit […]
This morning (early) Congress passed and the President signed the new budget deal to restart government operations (after a several hour shutdown). Included in the bill were a number of resurrected tax provisions that […]
The Internal Revenue service offered taxpayers some tips today to help clear up some common misconceptions and provided a list of common tax myths. We hear these misconceptions often and have summarized the IRS […]
The IRS has just announced that it will begin accepting Personal Tax Returns starting Monday, January 29th. Normally this date occurs much earlier in January but given all the changes in the new law, […]
The Tax Cuts and Jobs Act (which has a new, really long name, so we’re sticking to the old one for now) has now passed Congress and been signed by the President. Some of […]
It’s now official – the Tax Reform bill has now cleared both the House and the Senate (and the House again) and is headed to President Trump’s desk for signing. Pres. Trump just held […]