Sep 11, 2018 | IRS information, Tax Cuts and Jobs Act, Tax Planning Tips, Tax Updates
The IRS has urged retirees to perform a “paycheck checkup” using the Withholding Calculator to verify that they were having the right amount of tax withheld from their pensions and annuity checks. This guidance is part of the “Paycheck Checkup”...
Jul 16, 2018 | IRS information, Tax Planning Tips, Tax Updates
The following is a summary of important tax developments that have occurred in April, May, and June of 2018 that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps you...
Jul 11, 2018 | Tax Planning Tips, Tax Updates
It’s been estimated that the number of people who itemize will fall by more than half in 2018 because of changes made by the Tax Cuts and Jobs Act. That’s bad news for many charitable givers, but those who are age 70½ or older can continue to gain a tax...
Jul 11, 2018 | IRS information, Tax Planning Tips, Tax Updates
Many businesses use equity-based compensation plans to reward and retain employees. The most common forms of stock-based compensation are restricted stock, incentive stock options (ISOs), and nonqualified stock options (NQSOs). In a nutshell, restricted stock is...
May 30, 2018 | IRS information, Tax Cuts and Jobs Act, Tax Planning Tips, Tax Updates
The IRS has urged two-income families and those working multiple jobs to complete a “paycheck checkup” using the Withholding Calculator to verify they are having the right amount of tax withheld from their paychecks. The Withholding Calculator could also...
May 24, 2018 | IRS information, Tax Planning Tips, Tax Updates
In a Notice and accompanying News Release, IRS has informed taxpayers that it intends to propose regs addressing the federal income tax treatment of certain payments made by taxpayers to state-established “charitable funds” for which they receive a credit...
