Tax Update on State and Local Tax (“SALT”)
The IRS has passed final regulations aimed at preventing tax payers from “getting around” SALT deduction limits. A tax deduction will...
Grocery Store Cashiers Today, Tax Lawyers Tomorrow: Trends in technology to Watch in Tax Law
While scientific progress is considered a universal good by most people, advances in automation have made some employees concerned over...
Investing in Education: Benefits of a Section 529 Plan.
The costs of education are rapidly increasing, even for elementary and secondary schools. While the 529 plan is available for anyone,...
SALT Deduction Caps have been Finalized, with some Exceptions
The IRS has issued final rules in regards to charitable contribution deductions under Sec. 170(c). The Tax Cuts and Jobs Act, while...
Freelancing: Taxes Made Easy
Freelancing certainly has its perks. Being able to the work you want, when you want is no doubt an appealing prospect for many of us...
Setting Every Community Up for Retirement Enhancement Act of 2019: Title I -- Expanding and Preservi
The Senate Finance Committee has introduced a new version of this act, being the most comprehensive retirement reform proposal in nearly...
2019 Inflation-Adjusted Vehicle Depreciation Limits and Income Inclusions
In May, 2019, the IRS issued inflation-adjusted vehicle depreciation limits for passenger automobiles placed into service after December...
