Recent News
26
Sep
This Tax Shelter is Still Standing
Although Congress threatened to reduce the benefits of the home sale exclusion, the final version of the new Tax Cuts and Jobs Act (TCJA) did not include a crackdown. As a result, i...
14
Aug
Should S Corporations Switch to C Corporations?
Retaining the most money after taxes is one of the top concerns of any corporation.  There are different corporation types, however, and the type of corpo...
7
Aug
Delaware Legislative Changes
After an elongated session on June 30, 2018, the 149th Delaware General Assembly settled multiple bills. The work completed during the session inclu...
3
Jul
The TCJA’s Impact on estate planning

The Tax Cuts and Jobs Act’s (TC...

25
Jun
Key deadlines for businesses and other employers in the Third Quarter
There are three main tax-related deadlines affecting businesses and other employers during the third quarter of 2018: July 31st, August 10th, and September 17
5
Jun
Sizing up New Deduction for Pass-Through Entities
The new Tax Cuts and Jobs Act (TCJA) creates a brand-new deduction for pass-through entities, designed to provide a balance to corporations benefiting from tax rate cuts. But the deduction...
24
May
Four Key Changes for Depreciation Deductions
The new Tax Cuts and Jobs Act (TCJA) of 2017 is designed to stimulate business growth by cutting corporate tax rates and enhancing ...
17
Apr
Tax Reform: Benefits for Individual Taxpayers
...
28
Mar
Tax Reform: Impact on Itemized Deductions
 
13
Mar
Using the IRS Withholding Calculator and the new Form W-4
28
Feb
Do You Have to File a Gift-Tax Return?
Did yo...
26
Feb
Tricky Tax Rule for Itemized Deductions
Can you deduct the full amount of your itemized deductions on your 2017 tax return? Under current law, deductions are reduced for certain upper-income taxpayer...
20
Feb
Tax Reform: Impact on Business Taxpayers
13
Feb
Overview of the New Tax Reform Law
The historic new tax reform law—the Tax Cuts and Jobs Act (TCJA)—was finally signed into law by President Trump on December 22, 2017. This massive ...
6
Feb
TCJA temporarily lowers medical expense deduction threshold
With rising health care costs, claiming whatever tax breaks related to health care that you can is more important than ever. But there’s a threshold for deducti...
24
Jan
Do I Need A CPA?
16
Jan
7 Steps for Tax Season
One sure ...
20
Dec
Tax Reform Update

YOU BRING THE QUESTIONS.

19
Dec
Year End Tax Considerations
12
Dec
Seven Time-Tested Year-End Tax Tactics
At this point, it is still uncertain whether any significant tax reform will be enacted this year. Keeping that in mind, individual taxpayers may stick with &l...
11
Dec
Five Year-End Moves for Small Businesses
As with individuals, year-end tax planning for businesses remains somewhat uncertain. However, the Protecting Americans from Tax Hikes (PATH) Act of 2015 prese...
5
Dec
Preparing Form 1099-MISC
22
Nov
Kris Mujica Earns Bookkeeper Accreditation
26
Oct
Five Steps to Prepare a Business for Sale
If you are a successful business owner, you should prepare for the day when you hand over the reins—perhaps to a younger family member—or sell the ...
24
Oct
Do I Qualify for the Dependent Tax Credit?