The Standard Deduction’s Double Standard
The 2019 ‘tax season,’ during which most 2018 tax returns are prepared, will soon peak at the April 15 deadline. One key trend is that more people are taking the
The 2019 ‘tax season,’ during which most 2018 tax returns are prepared, will soon peak at the April 15 deadline. One key trend is that more people are taking the
Did you make large gifts to your children, grandchildren, or other heirs last year? If so, it is important to determine whether you are required to file a 2018 gift
While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits or eliminates several itemized deductions that have been valuable to
When you file your 2018 income tax return, you will likely find that some big tax law changes affect you — besides the much-discussed tax rate cuts and reduced itemized
The IRS opened the 2018 income tax return filing season on January 28. Even if you typically do not file until much closer to the April 15 deadline, this year,
If you are like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging your 2018 year-end donations. But what happens if you
Business owners engaged in fraudulent activities often try to manipulate their companies’ financial statements. Fortunately for fraud experts, business owners’ tax returns are not as easy to misrepresent. Here is
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
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