TAX HIGHLIGHTS FOR 2018 AND 2019
As you are aware, Congress passed and the President signed a bill which makes major changes to the income tax laws. Most of the changes were effective beginning with 2018. The most significant changes are presented and are bolded. Affordable Care Act Beginning January...
Government Shutdown Affects Internal Revenue Service
The recent partial government shutdown has made a major contribution to the issues that the Internal Revenue Service is experiencing. A recent article in the Los Angeles Times says that the National Taxpayer Advocate, a government watchdog group, believes that it will...
The End of 2018 is Coming
The new Federal income tax law passed at the end of 2017 takes full effect in 2018. This month is the time to determine the actions that can still be taken for 2018 and to plan for 2019. Some of the major changes that will affect your income taxes are: Increased...