Month: July 2020

How Will the 2020 Audit Plan Affect You?

How Will the 2020 Audit Plan Affect You?

  The 2018 tax season is over, and we've made it out alive! It's now time to look forward to the 2019 season and we are gearing up for some possible changes to the US tax code. Treasury Inspector General for Tax Administration (TIGTA) has just released their 2020...

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Will Your 2018 Tax Return Fit On A Postcard?

Will Your 2018 Tax Return Fit On A Postcard?

It's time to start thinking about next year's taxes, and I've been getting lots of questions about the new tax laws. The Trump Administration promised a tax return that would fit on a postcard. The new Form 1040 for 2018 is indeed smaller, but is it simpler? The...

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Are You Withholding Enough?

With the new tax laws in place, there's plenty of reason to take a fresh look at your tax planning strategy. One of the key areas to reevaluate will be your withholding. "Just over 2 in 10 taxpayers will owe money to the IRS next year" due to insufficient withholding,...

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The Trump Administration’s New Tax Framework

The Trump Administration has finally published its plan for tax reform, titled a "UNIFIED FRAMEWORK FOR FIXING OUR BROKEN TAX CODE." Under the "Tax Reform" heading is the tagline: "MORE jobs | FAIRER taxes | BIGGER paychecks." Give it a read here:...

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Your Personal Information Is In Danger

You've probably heard about the recent security breach of Equifax, one of the United States' three official credit bureaus, and how your data has most likely already been compromised. This is alarming news. What are next steps you can take to protect yourself? Anne...

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