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...
Getting Married? Start Your Marriage Off Right

Getting Married? Start Your Marriage Off Right

In the western United States, the most popular months for getting married are June through September.  In today’s wacky world, some couples enter into marriage with no knowledge of or communication about their financial status.  91% of couples find reasons to...
Home Equity Loan Interest

Home Equity Loan Interest

Responding to many questions received from taxpayers and tax professionals, the IRS said in a recent news release that despite newly-enacted restrictions on home mortgages, taxpayers can often still deduct interest on a home equity loan, home equity line of credit...