Archive

29Jan2018

Will Your 2018 Withholding Be Right?

    Article Highlights:   Tax Cuts & Jobs Act Wage Withholding Tables W-4 Be Cautious with Adjusted Withholding Note: The is one of a series of articles explaining how the various tax changes made by the GOP’s Tax Cuts & Jobs Act (referred to as the “Act” in the article), passed late in December

25Jan2018

New Tax Law Cracks Down on Home Mortgage Interest

    Article Highlights: Acquisition Debt Interest Equity Debt Interest Consumer Interest New Tax Law Changes Note: The is one of a series of articles explaining how the various tax changes made by the GOP’s Tax Cuts & Jobs Act (referred to as the “Act” in the article), passed late in December 2017, might affect

15Jan2018

1099 Filing Date Just Around the Corner

      Article Highlights: Independent Contractors 1099 Filing Requirement Due Dates Penalties Form W-9 and 1099 Worksheet If you operate a business and engage the services of an individual (independent contractor) other than one who meets the definition of an employee, and you pay him or her $600 or more for the calendar year,

11Jan2018

2018 Standard Mileage Rates

    Article Highlights: Standard Mileage Rates for 2018 Business, Charitable and Medical Rates Important Considerations for 2018 Switching Between the Actual Expense and Standard Mileage Rate Methods Employer Reimbursements Employee Deductions Suspended Special Allowances for SUVs As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2018 optional standard mileage rates

04Jan2018

Tax Cuts and Job Act Summary

    The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Here is a look at some of the more important elements of the new law.  This is not a comprehensive review, but rather a summary of those items that we feel are the most relevant to our individual and