R&D Tax Credits for Restaurants
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.
Tax Changes for Short-term Rental Hosts
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.
Home Ownership —Tax Laws
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.
Tax Credit and Tax Deduction
Understanding the difference between tax credits and tax deductions, both credits and deductions help in reducing your tax liabilities, but in different ways.
Tax Reform Explained
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.
Tax Filing Season 2019
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.