December 22, 2017
After the new tax reform law passed both the House and Senate, there was discussion about holding off the signing until the first week in January. Now, however, the President says he will stick by his Christmas pledge.
December 20, 2017
When enacted, the bill will be effective for the 2018 tax year and beyond. That means most taxpayers will not see the changes of the new law for about a year, when they file their 2018 taxes in April of 2019, although wage earners may see ...
December 20, 2017
People who work a "regular" job, and have taxes withheld from their paychecks, will likely see a change in their federal income tax withholding. For a taxpayer who gets a $1,000 tax cut, this could mean an extra $38 or so per paycheck (if paid biweekly).
December 19, 2017
The House of Representatives passed the Tax Cuts and Jobs Act on Tuesday, the biggest change to tax laws since 1986. The bill passed on a mostly party line vote and now heads to the Senate where it is expected to see a close vote.
December 15, 2017
House and Senate Republicans have agreed to a new tax reform bill – the Tax Cuts and Jobs Act – by ironing out their differences in conference. Now the measure faces a vote in Congress before it can become law. As expected, the final version of the ...
December 8, 2017
New technology and automation have improved processes, but many organizations still struggle with inefficiencies. Customers may be resistant to working with new technology, businesses may not have the resources to handle each customer’s unique ...
December 7, 2017
The new tax reform bills that passed the House and Senate were built on the “need for speed.” Both versions were rushed along in the hopes of a final measure arriving on the president’s desk before Christmas. But haste makes waste and, in this case, ...
November 28, 2017
With the Equifax data breach exposing the personal identifiable information (PII) of 143 million Americans this year, we will need to be prepared to receive and answer more concerns than ever from our clients about tax related identify theft this ...
November 22, 2017
For those of you that are in the cannabis industry or just starting out, you have no doubt either been hit with a large tax bill or you are about to be. However, it doesn’t have to be that way. There are many steps that you can take legally just by ...
November 16, 2017
House Republicans approved their sweeping tax-cut package Thursday, setting up a showdown with the Senate, where Republicans are struggling to take a different approach.
November 7, 2017
Newly released financial documents about offshore account holdings by many of the world's elite has amplified calls for Trump to publicly release his income tax returns. The Paradise Papers, named so because they emerged from an off-shore law firm ...
November 7, 2017
California homeowners could see savings up to a couple hundred dollars a year off their property tax bill, depending on the type of capture system they install, Glazer’s office said.