Tax deductions & credits affected in 2018 by inflation
Millions of taxpayers depend each year on tax deductions and tax credits to cut their annual tax bills. The main tax …
Hurricanes, tax reform could delay 2019 tax season
Where the heck has 2017 gone? Dec. 31 [is] the deadline for most moves that could affect this year’s taxes. The …
5 amended tax return filing tips
To err on tax returns is human. To forgive is Xtraordinary, and yes, the misspelling is intentional. Tax law lets us correct …
Friday the 13th alert: Beware these 13 tax ID theft scams
[Friday the 13th is] a terrible day if you’re superstitious or suffer from paraskevidekatriaphobia. And making things …
10 filing tips for folks who got a Form 1040 tax extension
Based on Internal Revenue Service tax return filing data, it looks like around 7 million Americans have yet to submit their …
Will Equifax hack affect 2018 tax filing season?
Human error, specifically one human’s error, is why 145 million of us are worrying about what crooks will do with the …
Expect tax reform fight to keep state and local deductions
One thing is true when it comes to tax law changes. Some people win and some people lose. The big question as we await the …
IRS wants to cut off crooks’ tax info access by truncating Social Security numbers on W-2s
It seems a bit too little, too late, but the Internal Revenue Service is continuing its efforts to make it harder for …
Corporate tax contributions to the states
One of the major drivers of the latest federal tax reform effort is the corporate tax rate. The Trump Administration is still …
Tax-advantaged ways grandparents can give to grandchildren
Most of the time, younger — and that’s definitely a relative term — folk think of grandparents as ancient. In many …
Reconstructing tax & other records after a natural disaster
Maybe you didn’t think the hurricane’s flood waters would reach your neighborhood. Or maybe you just never kept …
4 tax moves to make in September 2017
Among the things to think about as fall nears is, of course, taxes. Here are four quick tax tasks to consider this month. …
6 Ways to Help Your Parents and Still Save for Retirement
Many baby boomers have to support aging parents, adding to the struggle of saving enough for retirement. Here are six steps …
Providing Assurance Services in an IA World
Intelligent automation (IA) is getting the attention of finance teams, operational environment leaders, and shared service …
Freelancers: Five Reasons to Stay on Top of Your Finances
It’s easy to let the financial side of our career fall to the bottom of our priority list. It’s not a favourite task for most …
Reading Financial Statements – What To Look For
Unless you have spent years studying bookkeeping and accounting, looking at financial statements probably makes your eyes …
Americans are using this ‘loophole’ to save more for retirement
When it comes to building your nest egg, you have more options than you may think. One such savings vehicle is only getting …
Keep More of Your Retirement Savings with Tax-Bracket Planning
Without a comprehensive tax strategy in place, many retirees may pay three times more in taxes than they need to. Avoid that …
A ‘Simple’ Idea to Save on Taxes
For small-business owners (and their employees) SIMPLE IRAs can be a slam-dunk at tax time. Source: A ‘Simple’ Idea to Save …
The Legal Side of Health Care in Retirement
With a cursory knowledge of wills, trusts, powers of attorney and Medicaid, you can help clients and their families plan …
State Revenue Departments, Employers Adjust To Midyear Changes for Income Tax Rates
Several states made significant changes to income tax this summer, in some cases in political showdowns that left revenue …
6 mid-year tax moves to make this July
Happy July 5th, the start of midyear tax planning. With six months left in the tax year, it’s the perfect time to make …
Three retirement savings strategies to use if you plan to retire early
Early withdrawal penalties make where to put your nest egg a critical decision if you want to stop working in your 40s and …
Ways To Reform Taxation Of Small Business
On June 14, I testified before the Senate Small Business and Entrepreneurship Committee on how tax reform might affect small …