Newsletter Archives
House and Senate Tax Bill Comparison
Congress is currently debating the largest tax bill in the last 30 years. Both the House and Senate have passed their own versions of the bill. Differences must now be reconciled, with the final piece …
2018 Filing Season Start Date Not Yet Announced & Refund Timing
The IRS has not yet announced a date that it will begin accepting individual tax returns for the 2018 tax filing season.
The IRS anticipates it will not be at a point to announce a filing …
Year-End Charity Donations May Cut Tax Bills
Those looking to maximize their tax savings before the end of the year may wish to consider charitable giving. Giving money or goods to a tax-exempt charity before Dec. 31 can usually be deducted on …
The Saver’s Credit
A special tax break can help people with qualifying incomes save for retirement. It’s called the Saver’s Credit and it could mean up to a 50 percent credit for the first $2,000 a taxpayer contributes …
Reminder to Employers: Jan. 31 Filing Deadline Now Applies to All Wage Statements and Independent Contractor Forms
The Protecting Americans from Tax Hikes (PATH) Act includes a requirement for employers to file their copies of Form W-2 and Form W-3 with the Social Security Administration by Jan. 31. The Jan. 31 deadline …