

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...


Tax Tips for Small Businesses: Deductions
Business owners should review options and eligibility for tax deductions now to better estimate their tax situation and plan ahead. The...


Estimated Tax Payments
The IRS has urged businesses to make estimated tax payments during the year to avoid owing money. Estimated tax is the method used to...


Understanding the Basics of Section 179 Deductions
Section 179 deductions are not as ominous or complex as they may seem. In a nutshell, Section 179 of the IRS tax code allows businesses...


6 Essentials of Estate Planning, Part 2: Beneficiary Designations, Healthcare Power of Attorney, and
Part 1 discussed wills/trusts, durable power of attorney, and letters of intent. This part will focus on the basics of the last 3...


6 Essentials of Estate Planning, Part 1: Will/Trust and Durable Power of Attorney.
Whether you are creating a plan for a large, complex estate or a small, modest estate, these 6 essentials should be included in your...


Tax Cuts and Jobs Act of 2017: New Qualified Business Income Deduction (Section 199A)
The Tax Cuts and Jobs Act (“TCJA”) covers many provisions that are important for business owners and tax professionals to understand. ...
































