Tax Planning

p class=DefaultMost articles about the passage of the Tax Cuts and Jobs Act in December buzz about the resulting income tax consequences for individuals and businesses./pp class=DefaultBut what about the intersection of the TCJA and estate planning?/pp class=DefaultIn a report by Stefi Gascon Hafen, published by a href=

p class=BodyA recent interview style Q and A session appeared in a href=http://www.apple.comAccounting Today/a featuring the expertise of author Iralma Pozo. In this series of questions, Pozo tackles some important aspects of the most significant change to the U.S. tax code since 1986.

p class=BodyIn last month’s newsletter we presented some general facets of the Tax Cuts and Jobs Act (TCJA). In this article, we will explore some portions of the new bill in greater detail./pp class=BodyIn general, the law cuts corporate tax rates permanently and individual tax rates temporarily.

p class=BodyPresident Trump signed the Tax Cuts and Jobs Act into law on Dec. 22, as noted and summerized from a report by a href=https://www.investopedia.com/news/trumps-tax-reform-what-can-be-done/Inv.... The Senate passed the bill on Dec.

pOn September 27, 2017, the Trump Administration and select Republican members of Congress released a “unified framework” for tax reform.

p class=BodyTrump administration officials and congressional Republican leaders are negotiating the terms of a tax reform bill.

p class=BodyAlthough the official tax filing date has passed us by, the subject matter of this blog is still relevant because many taxpayers have filed extensions and have a number of months before the extended filing date is final./pp class=BodyImmunity from making mistakes on your tax returns is something that no one can ever really guarantee.

p“And they’re off!” If you’ve ever been to a horse race, the phrase should sound familiar.

pstrong/strongSince 2015, when the Fixing American’s Surface Transportation Act was passed by Congress, world travelers who owe the IRS money have found that it’s no fun to owe a tax debt.

pIt is crucial to understand your small business’s tax responsibilities, and there are real risks if you do not.