The Treasury Department just made it harder for taxpayers trying to circumvent the $10,000 cap on the itemized deduction for state and local taxes (SALT). The Tax Cut and Jobs Act rules on SALT deductions is a nightmare for folks in high-tax states where residents had previously benefited from being able to deduct much more....
Scammers Never Sleep! Beware the IRS 2019 “Dirty Dozen!” Scammers are hard at work making tax season difficult for preparers and taxpayers alike. These common scams have peaked during filing season – not just individuals, but businesses also should be forewarned and forearmed! It may look like a duck, walk like a duck, and quack...
Our February client in the spotlight is the distinguished and award-winning dentist, Dr. Jay Ajmo, DDS, DABOI, DICOI. Dr. Ajmo has just shared the exciting news that he has expanded his practice for sedation dentistry and minimally invasive dental implants offered at PGA Dentistry and opened a Jupiter location. Now you can also “Change Your...
Our January client in the spotlight is the famous Farmer’s Table restaurant which has just opened a new, second location in Florida nestled within the North Palm Beach Country Club. Co-owners Mitchell Robbins and Joseph Giannuzzi are excited to have taken their award-winning concept of healthy, clean cuisine from sustainably sourced foods and expanded it...
Were you one of those folks who didn't have enough taxes withheld from their paychecks last year to cover the taxes they owed? To help avoid this problem going forward, the IRS changed the way to determine how much federal income tax an employer must withhold from an employee's paycheck. As part of the fix,...
