The Tax Cuts and Jobs Act (TCJA) was passed by Congress in a hurry late last year, and the IRS has been working to implement the changes for 2018. Here are the latest answers to some of the most common questions about the tax overhaul: Is …
News and Resources
New Tax Law Changes Affecting Individuals
Overview of provisions of the TCJA affecting individuals The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Here's a look at some of the more important elements of the new law that have an impact on individuals. Unless …
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Business Expenses – Do’s and Don’ts
Knowing whether you can or can't expense a purchase for business purposes can be complicated. However, there are a few hard-and-fast rules to help you. Listed below are some do's and don'ts that can help you identify your business …
Contractor or Employee
Contractor or Employee? Knowing the difference is important Is a worker an independent contractor or an employee? This seemingly simple question is often the contentious subject of IRS audits. As an employer, getting this wrong could cost you …
Common Mistakes When Buying or Selling a Business
It is said with every major purchase there's some kind of remorse either on the part of the buyer or the seller. This can be especially true when buying or selling a business. No matter which side of the negotiating table you sit on, there are some …
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