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 […]
From the nielsen law group Tag
We heard last week that the max personal tax category would be 37%. We now have info on all the personal tax categories along with a few more details. One more committee review then […]
The Internal Revenue Service selected Evan A. Nielsen of Nielsen Law Group as an alternate on the Taxpayer Advocacy Panel (TAP). As defined by the Internal Revenue Service (IRS), the TAP is a Federal […]
As the House and Senate work feverishly to combine the two versions of the new tax legislation, we’re working to shape tax strategies that make sense for our clients as the year-end approaches. Since […]
The Senate passed the Tax Bill at 2am Saturday morning (Dec 2, 2017). Next step is negotiators from the House and Senate work to reconcile their bills, then it goes to the President for […]
The currently proposed tax reform bill, if enacted, would have a significant impact on business taxation. As noted in Part 1, don’t get too nervous, or excited just yet – there’s a long political […]
Just an FYI – the House just passed H.B. 1 (the Tax Cuts & Jobs Act) last week. It now goes to the Senate who needs to either approve it, or pass their own […]
After months of talk, it looks like there may actually be a tax reform bill. The House Republicans just introduced a proposed bill that appears to have sufficient support to have a chance of […]
Shortly after achieving some success, business owners turn their attention to protecting their home, investments and business interests. Having a startup with no value didn’t require any protection, but being out there in the […]
Any person who is self-employed is likely familiar with the burden of having to pay the full share of self-employment taxes which are normally split between an employer and an employee. Because this can […]