Feb 12, 2019 | Firm Updates, Tax Tips
When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you—besides the much-discussed tax rate cuts and reduced itemized deductions. For 2018 through 2025, the Tax Cuts and Jobs Act (TCJA) makes significant changes to...
Feb 5, 2019 | Firm Updates, Individual Tax, Tax Tips
The IRS opened the 2018 income tax return filing season on January 28. Even if you typically don’t file until much closer to the April 15 deadline, this year consider filing as soon as you can. Why? You can potentially protect yourself from tax identity theft—and reap...
Apr 10, 2018 | Firm Updates, Individual Tax, Tax Tips
The federal income tax filing deadline is slightly later than usual this year—April 17—but it’s now nearly upon us. So, if you haven’t filed your individual return yet, you may be thinking about an extension. Or you may just be concerned about meeting the deadline in...
Mar 23, 2018 | Firm Updates, International Tax
The IRS recently provided guidance for taxpayers affected by Section 965 of the Internal Revenue Code. In general, Section 965 requires U.S. shareholders to pay a transition tax on the untaxed foreign earnings of certain foreign corporations as if those earnings had...
Mar 7, 2018 | Firm Updates, Individual Tax, Tax Tips
Whether you’re claiming charitable deductions on your 2017 return or planning your donations for 2018, be sure you know how much you’re allowed to deduct. Your deduction depends on more than just the actual amount you donate. Type of gift One of the biggest factors...