NEW Tax Credit
New tax credit for 2022 tax filing from the IRS
Depreciation limits on luxury automobiles
Tax Reform changes depreciation limits on luxury automobiles The Tax Cuts and Jobs Act changed depreciation limits for passenger vehicles...
Depreciation, depreciation and surprise !
The Tax Cuts and Jobs Act was signed into law on Dec. 22, 2017, and it provides many incentives for small business owners, including...
Income taxes and selling a home
Taxpayers who sell a home may qualify to exclude from their income all or part of any gain from the sale. Below are some things taxpayers...
Updated Withholding Calculator Reflects Changes in New Tax Law
To help taxpayers, the IRS updated the special Withholding Calculator tool on IRS.gov to reflect changes in the Tax Cuts and Jobs Act...
Tax Due Dates
Form 2018 Filing Due Date (Tax Year 2017) Form W-2 (electronic or mail) January 31st Form 1065 –...
Employee Business Expenses
Taxpayers who pay work-related expenses out of their own pocket may be able to deduct them. Generally, employee business expenses are...