January 15, 2019
While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through 2025 or are permanent, there are two major changes under the act for 2019. Here’s a closer look.
January 8, 2019
The dawning of 2019 means the 2018 income tax filing season will soon be upon us. After year end, it’s generally too late to take action to reduce 2018 taxes. Business owners may, therefore, want to shift their focus to assessing whether they’ll likely owe taxes or get a refund when they file their returns this spring, so they can plan accordingly.
January 2, 2019
Retirement plan contribution limits are indexed for inflation, and many have gone up for 2019, giving you opportunities to increase your retirement savings:
December 26, 2018
Do you have investments outside of tax-advantaged retirement plans? If so, you might still have time to shrink your 2018 tax bill by selling some investments you just need to carefully select which investments you sell.
December 20, 2018
In the past, online retailers were only required to collect state and city sales tax in states where they had a physical presence, such as a warehouse, employees, or an office. But earlier this year, the Supreme Court changed everything for e-commerce companies when they upheld a law permitting states to charge sales tax to out-of-state sellers, regardless of whether or not a business has a physical presence in that state.
December 18, 2018
With the dawn of 2019 on the near horizon, here’s a quick list of tax and financial to-dos you should address before 2018 ends: (more…)