This guide provides an overview of the latest legislative changes that could impact your return and tax preparation tips to help you get the most out of your 2022 tax…
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The Inflation Reduction Act was signed into law in August 2022. The Act was promoted as an effort to slow inflation, which is to be seen. However, the Act will…
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Most companies operate as pass-through entities. Under a pass-through entity structure, tax authorities don't tax the owner's earnings at the business level. Instead, owners and shareholders pay the taxes at…
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Most workers attend to their federal income taxes once a year, when tax returns are due on or about April 15. For regular employees, the payment of taxes is made…
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Republicans are considering a fix to the so-called Harvey Weinstein provision in their new tax law that they acknowledge could inadvertently penalize victims of sexual harassment in the workplace. Section…
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On October 14, 2016, as part of an overall gas tax and income tax compromise, a bill was signed into law that will phase out the New Jersey Estate Tax.…
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On August 2, 2016, Sen. Charles Schumer, D-N.Y., proposed a bill titled “United States Appreciation for Olympians and Paralympians.” The Senate approved the bill by unanimous consent, and the measure…
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On May 25, 2016, Senate Finance Committee Ranking Member Ron Wyden (D-OR) introduced the “Presidential Tax Transparency Act”, a proposed new law which would amend the Federal Election Campaign Act of 1971 to require…
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And then there were three: a pre-convention look at the Presidential candidates’ individual tax reform plans The end of the 2016 primary season is in sight, and while many significant…
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The new year brings with it many tax changes that affect individual filers, businesses and estates. Some of the highlights include: PERSONAL TAXES: The 2016 standard deductions increase – Married…
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