The tax change law goes in December 2017 forbids impose derivations for quiet cash repayments in lewd behavior cases. Marked a 'Weinstein Tax,' it keeps people and organizations...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 09/14/2018
There are so many tax deductions by IRS which did not survive the process of tax reform and would not be available anymore. But, the deductions for local as well as state taxes, that...
Posted by John Pournaras Agency on 09/11/2018
It took 30 years before the Congress finally passed an impactful tax reform featuring some serious changes. The goal of the Tax Cuts and Jobs Act (TCJA) is to push economic growth...
Posted by Abundant Returns Tax Service on 09/11/2018
Collecting money every tax season has got to be one of the best moments in a taxpayer’s life. A lot of workers calculate their withholdings to ensure they’re getting their...
Posted by rinehimerbaker on 09/11/2018
Several IRS tax deductions came to an end due to the tax reform process but the deduction for state and local taxes made it through. The property tax deduction specifically, survived...
Posted by Advantage Tax Service on 09/11/2018
DefinitionThe Kiddie Tax is a term referring to a special tax law implemented in 1986 involving investment and unearned income tax for individuals below 17 years of age.What is unearned...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/30/2018
A brand new deduction has been established by The Tax Cuts and Jobs Act for pass-through business owners. They will be able to take advantage of up to 20% deduction of their net business...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/30/2018
Most of us won’t admit this: marriage is not only a romantic relationship, it can be a business relationship too. A lot of couples around the world know this fact, which is why...
Posted by John Pournaras Agency on 08/30/2018
There are over 2 million Individual Taxpayer Identification Numbers (ITINs) today that are soon to expire by the end of 2018. The IRS encouraged taxpayers to hurry in processing and...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 08/17/2018