Posted by Michē Needham on June 08, 2018
The Tax Cuts and Jobs Act introduced a flat 21% federal income tax rate for C corporations for tax years beginning in 2018. This change has caused many business owners to ask: What’s the optimal choice of entity for my start-up business?
Posted by Kerry Roets on May 18, 2018
Spring reminds us to consider implementing changes to help reduce the amount of energy we consume, but “going green” isn't just good for the Earth — certain energy-saving expenditures also may qualify for generous tax breaks that are good for your pocketbook, too.
Posted by Sarah Hopkins on May 11, 2018
You might be in a rush to buy or sell a home before summer starts or interest rates increase even more, but first it’s important to review the tax rules related to home sales and deductions for mortgage interest, property taxes and work-related moving expenses.
Posted by Brian Kern on May 11, 2018
The IRS has issued interim guidance on the new business interest expense deductions created by the Tax Cuts and Jobs Act. Even though the guidance offers needed clarification, areas of ambiguity remain.
Posted by Mark Stack on May 10, 2018
The Tax Cuts and Jobs Act (TCJA) changes the rules for deducting interest on home loans. Most homeowners will be unaffected because favorable grandfather provisions will keep the prior-law rules for home acquisition debt in place for them.
Posted by Dale Demyanick on April 19, 2018
The Roth IRA remains an attractive retirement planning vehicle for many individuals after the changes made by the Tax Cuts and Jobs Act (TCJA).
Posted by Donna Gonser on April 19, 2018
Donations are estimated to drop as much as $13.1 billion as the result of changes made under the new tax reform law.
Posted by Brian Kern on April 18, 2018
A short-term government funding bill, which was signed into law recently, suspends three health care related taxes.
Posted by Robert Ingrasci on April 18, 2018
The Tax Cuts and Jobs Act (TCJA), which was signed into law on December 22, 2017, made significant changes to the child credit. This credit is generally available to taxpayers with children under the age of 17, but the new law adds a new (smaller) credit for other dependents.