Uncategorized|Financial Accounting Services
No, That Is Not the I.R.S. Calling

No, That Is Not the I.R.S. Calling

Watch out for crooks impersonating I.R.S. agents (and financial industry professionals). Provided by Nicole Albrecht EA, CTM Do you know how the Internal Revenue Service contacts taxpayers to resolve a problem? The first step is almost always to send a letter through...
A Guide to 2018 Tax Law Changes (And More) Part III

A Guide to 2018 Tax Law Changes (And More) Part III

6 The yearly SALT deduction is capped at $10,000. This is arguably the most controversial tax law change of 2018 for individual taxpayers. If you live in a high-tax state (or alternately, a state that imposes no income tax), you may be grumbling about the new cap on...
A Guide to 2018 Tax Law Changes (And More) Part II

A Guide to 2018 Tax Law Changes (And More) Part II

2. The standard deduction nearly doubles. While the personal exemption is gone (more about that later), the new law gives an enormous boost to the standard deduction in 2018 for all filers.2 *Single filer: $12,000 (instead of $6,500) *Married couples filing...
A Guide to 2018 Tax Lax Changes (And More) Part I

A Guide to 2018 Tax Lax Changes (And More) Part I

Presented by Nicole Albrecht, EA, CTC The legislation popularly known as the Tax Cuts & Jobs Act did not exactly “rewrite the book” of federal tax laws, but it almost seems that way. On January 1, a host of important, new tax provisions entered the Internal...