Jan 2, 2018 | Finances, Planning, Taxes
2018 Tax Reform Congress has passed tax reform that will take effect in 2018, ushering in some of the most significant tax changes in three decades. Here are some major items in the new 2018 tax reform bill that impact individual taxpayers. Reduces income tax...
Dec 21, 2017 | Finances, Taxes
How to Handle an IRS Letter or Notice The IRS mails millions of letters to taxpayers every year for a variety of reasons. Keep the following suggestions in mind to know how to handle an IRS letter or notice. Do not panic. Simply responding will take care of most IRS...
Oct 21, 2017 | Business, Taxes
Business Tax: Time to Consider Section 179? Section 179 expensing can be a very powerful tax-planning tool for small- and medium-sized businesses acquiring capital assets. While it doesn’t change the amount of depreciation you can take over the life of capital...