Divorce and Taxes

Divorce and Taxes

Divorce and Taxes Filing Status. Filing status is based on your status as of December 31. If you are divorced under a final decree by the last day of the year, you are considered unmarried for the whole year and you cannot choose Married Filing Jointly as your filing...
Tax Cuts and Jobs Act – Employers

Tax Cuts and Jobs Act – Employers

The Tax Cuts and Jobs Act is the biggest federal tax law change in over 30 years. Below are some significant changes affecting employers. Note: Except where noted, the changes are effective for tax years 2018 – 2025. Certain Fringe Benefits Modified Prior Law....
Newlyweds Tax Tips

Newlyweds Tax Tips

Tips for Newlyweds Updating your status from single to married may bring about some unanticipated changes, including changes relating to your taxes. While wedding planners don’t typically use an IRS checklist, here are a few things to keep in mind when filing your...
Quiz – Do You Know Your Income Tax History?

Quiz – Do You Know Your Income Tax History?

Independence Day is almost upon us.  If you’re like me, you may be attending a fireworks show, or working in a fireworks booth helping to raise money.  We fought the Revolutionary War over taxation, so I thought we’d see how much you know about the history...