Income Tax

January 22, 2018 

As the year comes to a close, we have compiled some unexpected tax deductions you may be able to claim on your return as you look at getting your financial house in order and as you consider other New Year’s resolutions. Whether with your business, ...

January 18, 2018 

The IRS will begin processing tax returns on January 29, 2018, for income earned in 2017. In general, the IRS says that returns with refunds are processed and payments issued within 21 days. For paper filers, this can take much longer, however.

January 17, 2018 

Here’s how the scam works: Cybercriminals do their homework, identifying chief operating officers, school executives or others in positions of authority. Using a technique known as business email compromise (BEC) or business email spoofing (BES), ...

January 15, 2018 

If SCOTUS decides in favor of South Dakota, that decision would pave the way for all states to tax remote sales. Exactly how they would do that is, at this point, unclear.

January 11, 2018 

The updated withholding information shows the new rates for employers to use during 2018. Employers should begin using the 2018 withholding tables as soon as possible, but not later than Feb. 15, 2018.

January 11, 2018 

The updated withholding information shows the new rates for employers to use during 2018. Employers should begin using the 2018 withholding tables as soon as possible, but not later than Feb. 15, 2018.

January 11, 2018 

For this, my final article on cannabis taxation, get ready to get your mind blown.

January 11, 2018 

Today the cannabis industry is a $6 billion industry. In ten years it is projected that cannabis will be a $1 trillion industry. In my home state of Florida, cannabis became legal last year, however the state, as it legislated the laws surrounding ...

January 9, 2018 

The IRS has announced that taxpayers with the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) will likely see delays in receiving their income tax refunds in 2018. This is due to extra fraud prevention measures the agency is implementing, which means that taxpayers with those credits will likely not see...…

January 9, 2018 

If you're like many Americans, you may be asking, "When will I get my income tax refund?" Well, we have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. FYI, the new tax reform law won't ...

January 9, 2018 

The new tax reform law covers many aspects, from business taxation to individuals and deductions, which can make it challenging for taxpayers and tax professionals to keep up with the changes.

January 9, 2018 

The estate tax exemption and the gift tax work together in a sense that you have a unified lifetime credit for gifts, which match the estate tax exemption. The unified credit increases each year, along with the estate tax exemption. Each year there is ...