Posted by Jordon N. Rosen, CPA, AEP In the aftermath of the Tax Cuts and Jobs Act (TCJA), many taxpayers who used to be able to itemize deductions prior to 2018, now find themselves not being able to itemize and claiming the standard deduction. For 2019, the standard deduction is $24,400 for a married couple and $12,200 for a single … Continued
As a result of the Tax Cuts and Jobs Act, the IRS has released an IRS Withholding Calculator to help individuals determine if they are on target with their federal withholding.
As we approach year end, now is a good time to review the changes in business tax provisions including those provisions that have expired in 2016 and future years and provisions that began in 2017.
Stashing away the maximum amount into your IRA each year is retirement planning rule 101.
The cost of education continues to rise each year so it is helpful to be aware of some programs that allow parents to save for the cost of their children’s education.
Alimony is a payment made to a former spouse under a divorce or separation agreement.
A common misconception is that trusts are only for the extremely wealthy, however, there are a host of benefits that trusts can provide to everyone.
Last December when Congress passed the Protecting Americans from Tax Hikes Act of 2015, or PATH Act as it is more commonly known, many tax provisions were impacted.
Are you a generous person that regularly donates cash to qualified charitable organizations?
As the holidays quickly approach, consider the following tips to make the most of your gifts this year.