The number of taxpayers who itemize deductions on their federal tax return — and, thus, are eligible to deduct charitable contributions — is estimated by the Tax Policy Center to drop from 37% in 2017 to 16% in 2018. That’s… Read More
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Big data strategies for every business
You’ve probably heard or read the term “big data” at least once in the past few years. Maybe your response was a sarcastic “big deal!” under the assumption that this high-tech concept applies only to large corporations. But this isn’t… Read More
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Personal exemptions and standard deductions and tax credits, oh my!
Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018 through 2025. But that doesn’t necessarily mean your income tax liability will go down. The TCJA also makes a lot of changes to… Read More
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IRS Needs $495 Million for Tax Reform Implementation, TAS Says
IRS Needs $495 Million for Tax Reform Implementation, TAS Says http://bit.ly/2qVIofr
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Tax Professionals Need to Talk about the Cannabis Industry
Tax Professionals Need to Talk about the Cannabis Industry http://bit.ly/2FvvSqp
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E-mail scams spike as tax season nears
E-mail scams spike as tax season nears: IRS http://bit.ly/2mihQiN
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New Jersey taxpayers who prepaid 2018 property taxes can’t deduct them on 2017 state returns
New Jersey taxpayers who prepaid 2018 property taxes can’t deduct them on 2017 state returns http://bit.ly/2Fytm2D
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How the IRS will treat those one-time tax bill bonuses
How the IRS will treat those one-time tax bill bonuses http://cnb.cx/2qY23eS
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Tax Overhaul’s New Withholding Calculations for Paychecks Are Released
Tax Overhaul’s New Withholding Calculations for Paychecks Are Released http://on.wsj.com/2msckLA