Phase Two – The Families First Coronavirus Response Bill

The Government is slowly releasing information about the Phase Two Families First Coronavirus Response Act Bill. This bill targets Small businesses of 500 employees or less. This bill was passed and signed into law earlier this week. In the coming week, we should have...

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:...