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February 2018

President signs bill delaying three ACA taxes

President Trump signed legislation on January 22 to delay the medical device excise tax, the health insurance Read more [...]

IRS instructs employers to use new withholding tables

Much-anticipated withholding tables for 2018 have been posted by the IRS. While the new withholding Read more [...]

IRS launches 2018 filing season

The 2018 filing season for 2017 tax-year returns officially launched on January 27. On the other end Read more [...]

Meals & Entertainment Deductions under the New Tax Law

The new Tax Cuts and Jobs Act made several changes to the tax treatment of certain business expenses. Here Read more [...]

Tax Cuts and Jobs Act (TCJA)

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January 2018

Top 10 tax developments with impact on 2018

The start of a New Year presents a time to reflect on the past 12 months and, based on what has gone Read more [...]

Standard mileage rates increase, while higher depreciation limits kick in

The IRS has released the 2018 optional standard mileage rates to be used to calculate the deductible Read more [...]

New year brings new tax code

January 1, 2018 not only brings a new year, it brings a new federal Tax Code. The just-passed Tax Cuts Read more [...]

January 2018 tax compliance calendar

January 4 Employers. Semi-weekly depositors must deposit employment taxes for Dec 27–Dec 29.   January Read more [...]

December 2017

Tax debate touches every individual, business

Small business taxation, corporate tax rates, and changes to popular deductions are just some of the Read more [...]

Information reporting deadlines coming up fast

Information reporting has become a growing part of IRS’s enforcement and compliance strategy. Data Read more [...]

Year-end planning for capital gains and losses

As an economic incentive for individuals to save and invest, gains from the sale of capital assets held Read more [...]

December 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]

November 2017

Tax reform takes on new momentum as year-end approaches

Tax reform discussions continue on Capitol Hill with legislation expected to be released very soon. GOP Read more [...]

IRS reminds taxpayers of ACA requirements; White House seeks administrative changes

As the 2018 filing season nears, the IRS is reminding taxpayers that the Affordable Care Act (ACA) remains Read more [...]

Year-end tax planning for 2017: challenges/opportunities

Year-end tax planning can provide most taxpayers with a good way to lower a tax bill that will otherwise Read more [...]

November 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]

October 2017

IRS exam staffing falls; audit coverage declines

IRS Exam staffing in fiscal year (FY) 2016, the latest tax year with statistics available, reached a Read more [...]

Congressional tax writers set to take up reform proposals

Tax writers in Congress are set to begin debating and writing tax reform legislation. On September 27, Read more [...]

Disaster tax relief unveiled in Congress

As millions of Americans recover from Hurricanes Harvey, Irma and Maria, Congress is debating disaster Read more [...]

October 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]

September 2017

Don’t overlook child-related deductions and credits

Parents incur a variety of expenses associated with children. As a general rule, personal expenditures Read more [...]

Courts Loosen Up On Conservation Easement Rules

Two recent court cases indicate that, although use of a conservation easement to gain a charitable deduction Read more [...]

Disaster relief, tax reform on Congress’ September agenda

As lawmakers return to work after their August recess, Hurricane Harvey has increased expectations on Read more [...]

September 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]
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