The TCJA Changes Some Rules for Deducting Pass-Through Business Losses
It is not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. Starting this year, the
It is not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. Starting this year, the
You may have breathed a sigh of relief after filing your 2017 income tax return (or requesting an extension). However, if your office is strewn with reams of paper consisting
With the April 17 individual income tax filing deadline behind you (or with your 2017 tax return on the back burner if you filed for an extension), you may be
If you received a large refund after filing your 2017 income tax return, you probably are enjoying the influx of cash. But a large refund is not all positive. It
While April 15 (April 17 this year) is the main tax deadline on most individual taxpayers’ minds, there are others through the rest of the year you also need to
When couples divorce, financial negotiations often involve alimony. The tax rules regarding alimony were dramatically changed by the Tax Cuts and Jobs Act (TCJA) of 2017, but existing agreements have
Typically, bond funds with low yields have relatively low risk. That does not mean that these funds are riskless, though. With interest rates expected to rise this year, all types
The good news is that the Tax Cuts and Jobs Act (TCJA) of 2017 lowered corporate tax rates from a graduated schedule that reached 35% to a 21% flat rate.
For most people, using IRA dollars for charity is a two-step process. You take money from your IRA, reporting taxable income. Then, you donate it to the charity or charities
Employers: For Social Security, Medicare, and withheld income tax, file IRS Form 941 for the first quarter of 2019. This due date applies only if you deposited the tax for