Divorce or Separation May Have an Effect On Taxes   Taxpayers should be aware of tax law changes related to alimony and separation payments. These payments are made after a divorce or separation. The Tax Cuts and Jobs Act changed the…

Are you a restaurant owner? Are you taking advantage of research and development (R&D) tax credits? In an age where technology is an integral part of how restaurants operate, it is crucial for your establishment to find new ways to stay on the cutting edge and keep up with competition.

The Tax Cuts and Jobs Act has important changes that may impact your vacation rental property. If you use an online rental service like Airbnb, HomeAway, or VRBO to rent out your vacation home you might want to take a look at these tax changes.

As the 2019 tax filing season gets into full swing, the Internal Revenue Service reminds taxpayers who owe of the many easy payment options.

The Internal Revenue Service warned taxpayers to check their income tax withholding for almost all of 2018 due to how the Tax Cuts and Jobs Act affected tax brackets. The IRS announced it would waive the penalty for not paying enough estimated tax if affected taxpayers met most of their tax liability in 2018.

Eco-friendly Cars – Save On Taxes Tax Write Offs for Eco-friendly Vehicles Save up to $7,500 on your next vehicle–if it’s eco-friendly? Have you thought about an electric or plug-in hybrid car? If so, you could save! Not to mention…

Navigating our way through the new tax laws concerning home ownership. What’s deductible: closing costs, mortgage interest, property taxes? Let’s take a closer look and break down some of the basics.

Understanding the difference between tax credits and tax deductions, both credits and deductions help in reducing your tax liabilities, but in different ways.

Insurance – The individual mandate was a key provision of the Affordable Care Act requiring everyone to have health insurance. Individuals who did not qualify for an exemption and chose not to purchase insurance faced a range of tax penalties, depending on income.

The Internal Revenue Service successfully opened the 2019 tax-filing season on January 28, 2019 as the agency started accepting and processing federal tax returns for tax year 2018.