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Tag: Tax

Mid-Year Tax Planning

Year-end tax planning is on the agenda for many taxpayers, with good reason. That said, you do not have to wait for November or December to make astute moves. Planning

New Rules For Business Travel Deductions

Business travel is still tax-deductible under the Tax Cuts and Jobs Act of 2017 (TCJA), but there is a major difference now. Relatively few individuals will be able to claim

Tax Withholding Strategies for 2019

Following the implementation of the Tax Cuts & Jobs Act, many taxpayers were confused as to how these measures would affect their 2018 tax return; expecting less tax liabilities and

Working Around the New “Kiddie Tax”

Single taxpayers with taxable income up to $39,375 ($78,750 on joint returns) can pay zero percent tax on long-term capital gains. That may suggest some income-shifting strategies. Example one: Suppose