Faw Casson

Recent News

May 24, 2018

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 tax benefits for acquiring business property... Read More

Apr 17, 2018

Tax Reform: Benefits for Individual Taxpayers


  Hi, I’m Tammy Ordway, Director of Entrepreneurial Services, with Faw Casson, and today I’m going to discuss with you the Jobs Act (2017 Tax Cuts and ... Read More

Mar 13, 2018

Using the IRS Withholding Calculator and the new Form W-4


  On February 28th, the IRS released the Withholding Calculator and new Form W-4. Employees are encouraged to go on the IRS website and use the calculator to fin... Read More

Feb 28, 2018

Do You Have to File a Gift-Tax Return?


Did you make gifts to family members in 2017? As long as the gifts did not exceed the limits for the annual gift-tax exclusion, you should have no federal gift-tax worries. ... Read More

Feb 26, 2018

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 taxpayers under the &l... Read More

Feb 13, 2018

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 overhaul of th... Read More

Feb 6, 2018

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 deducting medi... Read More

Jan 24, 2018

Do I Need A CPA?




Jan 16, 2018

7 Steps for Tax Season


One sure sign that spring is coming: It is time to prepare to file your annual tax return. You can alleviate some of the usual stress if you have your 2017 return professional... Read More

Dec 20, 2017

Tax Reform Update


YOU BRING THE QUESTIONS.   WE’LL BRING THE COFFEE.   Get all of your questions about how the tax reform bill will impact your business answered. ... Read More

Dec 12, 2017

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 “tried-and... Read More

Dec 11, 2017

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 preserved certain t... Read More



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