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The IRS blended tax rate is the result of a provision in the Tax Cuts and Jobs Act (TCJA) in which a corporation with a fiscal year that includes…
Veterans and surviving spouses benefits, through the Aid and Attendance Veterans Benefits, will have some dramatic changes made effective October 18,…
Deed the home to the kids? Children and parents have long battled the wisdom of allowing elderly parents to retain home ownership. The transfer of…
The new territorial tax system replaced the worldwide tax system within our tax laws when the Tax Cuts and Jobs Act was signed into law. This…
Your hobby profit and loss situation may be your tightly-held secret, but the IRS knows how to get into your business. Literally! The more secret…
If you think you’ve been overpaying IRS business taxes, do you really plan to keep doing that? Actually, I’m curious as to how you came up with the…
Deciding to file jointly or separately has a few new considerations for the 2018 tax year. Some couples believe there are no secrets, including…
Working under the table or paying someone under the table is “unreported employment” usually paid in cash since it’s harder to trace. According…
No more child tax credit exemption and a zero percent tax bracket? How do these work together to make the perfect business and individual tax…
Count on it. IRS red flag outliers trigger audits This new wave of IRS red flags, or “outliers” is the buzzword for items outside the norms of…