by Tonya Sinitsin | Jun 7, 2018 | Uncategorized
Estimated Read Time: < 1 minute – Move-related vehicle expense The new law suspends the deduction for tax years beginning after Dec. 31, 2017, through Jan. 1, 2026. During the suspension, no deduction is allowed for use of an auto as part of a move using the...
by Tonya Sinitsin | May 4, 2018 | Tax Strategies
Estimated Read Time: < 1 minute – As employers across the country celebrate National Small Business Week, the IRS reminds businesses that the passage of the Tax Cuts and Jobs Act may affect their depreciation deductions and taxes. Business taxpayers can generally...
by Tonya Sinitsin | Jan 18, 2018 | Tax Strategies
Estimated Read Time: 2 minutes – Adoptive parents around the country may qualify for a tax credit. Parents who either adopted a child or tried to adopt a child may claim the adoption credit. Here are nine things you should know about this credit. Credit. The credit is...
by Tonya Sinitsin | Dec 7, 2017 | Tax Strategies
Estimated Read Time: 2 minutes – Every taxpayer has rights. The Taxpayer Bill of Rights takes these rights from the tax code and groups them into 10 categories. Taxpayers interacting with the IRS should know their rights, which are highlighted in Publication 1, Your...
by Tonya Sinitsin | Oct 23, 2017 | Tax Strategies
Estimated Read Time: 3 minutes – The Internal Revenue Service announced the tax year 2018 annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules and other tax changes. The tax items for tax year 2018 of greatest interest to most...
