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Latest News General Accounting News & Tips
Common Tax Mistakes Made by Parents
There are a number of common tax errors made by parents which can end up being costly. Here are a few of the most frequent, and how to avoid them. Not getting a Social Security Number (SSN) quickly, after each child is born You can’t claim them on your taxes if they don’t have a […]
Tips To Reduce The Stresses Of Tax Preparation
Planning Ahead Reduces the Stress When Filing Your Taxes April 15 of every year is a day a lot of people do not look forward to, simply because it is the deadline for filing income taxes. However, this day does not have to be ominous or overburdening. It is possible to reduce your stress and […]
Changes In The IRS Tax Reform Law
Some of the changes in the tax reform law mean small businesses can immediately expense more of the cost of certain business property. Many are now able to write off most depreciable assets in the year they are placed into service.The Tax Cuts and Jobs Act (TCJA), passed in December 2017, made tax law changes […]