Changes to your itemized deductions for tax year 2018

Many clients have been asking how the new Tax Reform changes will impact their tax returns and itemized deductions in 2018. Forbes.com posted a fantastic article on the up coming changes. These changes will impact a wide range of clients, but those who have Form W2...

2018 Tax Updates – What you need to plan for in 2018

4/19/2018 Dear Clients: The following summarizes important tax developments that have occurred in the first three months of 2018 that may affect you, your family, your investments, and your livelihood. Appropriations Act tax changes. On March 23, President Trump...

Upcoming Important Deadlines

Just a reminder…. Upcoming Important Deadlines- January 16th: – 4th Quarter 2017 Estimated Tax Payment Deadline – If you did not pay 2017 income tax through withholding you must pay your final installment of 2017 estimated tax with Form 1040-ES:...

What the new Tax Reform Bill means for your tax return

There have been a lot of posts online and news articles about how the new tax reform bill will impact your personal taxes. The new rules go into effect on January 1, 2018 and will impact your 2018 tax return filing in the spring of 2019. There are still seven tax...

New Tax Reform Changes – the GOP Bill Explained

I know that you are all just as eager to see what the final revisions to the tax reform bill will be once the Senate returns from the Thanksgiving break. Mark J Kohler has create a wonderful video to explain some of the biggest changes proposed in the new tax bill....

Are you protecting your corporate veil?

Here is another wonderful article from the team at Mark J Kohlers office – the corporate veil is an important part of your entity and asset protection – take care to safe guard your entity. “Piercing the Veil” – Are you Appropriately Maintaining your LLC...

1099 Rules for Business Owners in January 2017

Another wonderful article from Mark J Kohler – business owners need to be aware that the Form 1099 is not only for your subcontractors who are taxed as individuals. Check out these rules that may affect your business in 2017!!! Over the past few years there have...