It’s an age-old question with a new twist: Should you buy or lease equipment and other business property? While the Tax Cuts and Jobs Act improves the tax incentives...
When you’re crafting a large document, switching around to different windows to apply content you’ve already collected or new research and images from the web can be...
When the IRS released the first draft of the 2019 W-4 back in June, it gave the public 30 days to comment. That 30-day comment period ended in early July. The IRS then...
Watch out for a new deduction limit for business interest. Under the Tax Cuts and Jobs Act, this deduction can’t exceed 30% of an affected business’s adjusted...
Suppose your teenaged child worked this past summer and raked in the money. Typically, your progeny might have an eye on the latest video game or smartphone, but there...
Question: "My boss is a very good one about nine days out of ten .... and then there always comes a day when he blows his stack a little. I can usually see it coming,...
The Tax Cuts and Jobs Act added IRC §199A, which allows owners of pass-through entities to deduct 20% of their qualified business income on their 1040s. IRC §199A is a...
The trust fund penalty is one of the most onerous tax provisions on the books. The courts often come down hard on taxpayers. However, in a recent decision, the court...
This week is Paycheck Checkup Week. If that sounds familiar, it may be because the week of March 26 was also Paycheck Checkup Week. Too much of a good thing? Probably...
Question: "I'm definitely an introvert, and I've never really had a problem with that, but recently my boss told me that she could see my shyness becoming an issue since...
In a new decision, a taxpayer deducted the cost of charitable travel in her automobile, but she didn’t have the necessary records to back up her claims.
As long as you are in the workplace, you will interact with people who challenge you. An underlying truth to keep in mind is that people are just being themselves, and...
How do we report a long address? … How far back must corrections go? … Urban legend or not: What is the earnings suspense file? … So many Social Security cards!...
