NLATI News

TCJA Changes to Education

TCJA Changes to Education

Graduation is only a month away.  The Tax Cuts and Jobs Act (TCJA) modifies or eliminates some of the benefits for people who are saving for college, people who are paying off their student loans, and students just starting out. However, many of the most...

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Identity Theft and Your Taxes

Identity Theft and Your Taxes

With tax day rapidly approaching, we are focusing on identity theft and your taxes. Identity Theft and Your Taxes Your identity and money can be stolen in a tax-related scam via email (“phishing”), fax, phone, or letters. Some recent examples of identity...

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TCJA: Changes to Retirement Plans

TCJA: Changes to Retirement Plans

Here's a look at some of the more important changes in the TCJA that affect retirement plans. Except with regard to the disaster-related provisions, the changes are effective for tax years beginning in 2018. Recharacterization of IRA Contributions An...

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Form 1099 – Mistakes that Can Cost You

Form 1099 – Mistakes that Can Cost You

Be On the Lookout for Your Form 1099s It's that time again! Time to send and receive your IRS Form 1099s. Every year the requirements are modified for Form 1099-MISC. When you are a recipient of a 1099-MISC form the IRS also gets a copy that is linked to...

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Tax Reform

Tax Reform

The President has signed the biggest tax reform law in over 30 years. These changes do not affect your 2017 tax return. When you file your 2018 tax returns — about a year from now — your tax return will look very different. And because most changes don’t happen until...

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Form 1099 – What is it? Do I Need to Send One?

Form 1099 – What is it? Do I Need to Send One?

Form 1099 Due Date Coming Soon! The new year is approaching, and 1099s are due once again. What is a 1099? Do you need to file them? Well, let's start with the initial question. What is a Form 1099? A Form-1099 is an informational return. It provides specific...

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