/Tax Cuts & Jobs Act

Recent changes to moving, mileage and travel expenses

By |2018-06-12T01:38:02+00:00June 12th, 2018|Individual Income Tax, News Articles, Tax Cuts & Jobs Act|

source: IRS.govThe Tax Cuts and Jobs Act includes changes to moving, mileage and travel expenses: 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 [...]

Are you withholding the correct amount on your W-2 for 2018?

By |2018-04-13T12:11:20+00:00April 13th, 2018|Employees, Employees & Independent Contractors, Employers, Individual Income Tax, Payroll, Tax Cuts & Jobs Act, Tax Payments|

source: IRS.govNewly-revised estimated tax form and publication can help people pay the right amount IR-2018-93, April 13, 2018 WASHINGTON – With tax reform bringing major changes for the year ahead, the Internal Revenue Service today reminded the many self-employed individuals, retirees, investors and others who need to pay their taxes [...]