Tag: TCJA
January is the beginning of the 2020 tax season when you file your tax returns for the year 2019. Last year, the just-enacted Tax Cut and Jobs Act…
The IRS places unique and confusing rules on pastors and ministers by taxing clergy as IRS W-2 employees with dual status. This complicated…
Federally Declared Disaster designation laws and TCJA of 2017 make claiming casualty loss tax deductions impossible for some victims of fire, flood,…
The Opportunity Zones tax initative is part of the TCJA of 2017, but the Opportunity Zones map wasn’t completed until June 6, 2018, when the states…
Don’t let the IRS take your money. You’re a business owner. Why would you let the IRS take your money? They’ve given you all the information you need…
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…
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…