Tax planning to take maximum advantage of the reforms promised in the Tax Cuts and Jobs Act has been difficult because guidance on how to interpret many provisions of the legislation has not yet been issued by the IRS. Congress has yet to follow up with technical corrections to glitches in the legislation. Adding to...
Your health is important, so you don’t delay that mid-year trip to the doctor for a check-up. Well your financial health is just as important! And June is the perfect time for you and your family to have a mid-year financial check-up. Not sure how to review your goals and update your financial plan? Here’s...
Go Solar This Summer for Tax Savings! Most tax breaks for energy efficient home improvements were abolished by tax reform, but going forward homeowners can still take a credit for solar electric and solar water heating improvements. You must act soon, because although the Federal Solar Tax Credit does not expire at the end of...
SCOTUS Decides Online Sales Tax Case States may now require online sellers to collect sales tax on out-of-state transactions thanks to the recent ruling in South Dakota v. Wayfair handed down by the Supreme Court. The ruling, affectionately known as “Kill Quill,” allows states to require retailers to collect and remit state sales taxes for...
Got A Side Gig? Get Educated on the Dos and Don’ts! Are YOU one of the 30% of today’s adults (of all ages) looking to pick up a little bit of extra cash with a side gig? Thanks to tax reform this may be the best time for taxpayers looking to supplement their income to...
