181128 TurboTax Tax Reform IG2 final copy 2 1  5c3f89ac16d1e

January 16, 2019 

Good News and Bad News on Income Tax Deductions for 2019

The new tax reform law, passed in December 2017, is the largest piece of tax legislation in nearly 30 years and changed several key tax provisions for taxpayers and families. But what do these changes mean for your taxes? Most notably, the standard deduction nearly doubled ($12,000 single and $24,000 married filing jointly) and some tax...…

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January 16, 2019 

Will Government Shutdown Affect Tax Refunds?

As the government shutdown approaches a full month—it’s already the longest in history—more doubt is creeping in as to whether a reduced staff at the IRS will be able to process returns and issue refunds in a timely manner. What’s more, as this is ...

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January 14, 2019 

Navigating the New Estate and Gift Tax Rules Under the TCJA

With the beginning of the year upon us, it may be time to review your current estate plan. In 2018, the estate tax exclusion was raised to $11,180,000. With portability that amount is doubled to $22,360,000. In 2019, the amount is increased to $11,400,000, with portability the amount is doubled to $22,800,000. Therefore, most clients...…

 Retail Imports Level Off After Rush to Beat Tariffs

January 14, 2019 

Retail Imports Level Off After Rush to Beat Tariffs

Imports at the nation’s major retail container ports have slowed down after a months-long rush to beat increased tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With the holiday season behind us, the immediate pressure to stock up on merchandise...…

BrandingProgram web portfolio Cherry1B 1  5c3cf9654c1e4

January 14, 2019 

Cherry Bekaert LLP Acquires Austin Accounting Firm

Cherry Bekaert has expertise in the core industry sectors of technology, life and health sciences, advanced manufacturing, distribution, real estate and private equity, all of which are key economic drivers in the Austin community. Austin’s thriving ...

 Hitachi Solutions Acquires Capax Global, LLC

January 14, 2019 

Hitachi Solutions Acquires Capax Global, LLC

The companies share many synergies — including a deep commitment to achieving customer excellence, a close cultural alignment, and a strong strategic partnership with Microsoft.

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January 14, 2019 

Sales Tax Registration 101

Once you’ve determined you have an obligation to collect sales tax in a state, registering for a sales tax permit typically entails the following steps: