On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including retroactively extending certain tax provisions that expired after 2017. One of these changes is about how children are taxed on income – known as the Kiddie Tax. This article is one of …
Tax Blog
Did You Pay Tax On Home Mortgage Debt Relief In 2018? You May Be Entitled To A Refund.
On December 20, 2019, President Trump signed into law the Appropriations Act of 2020. This Act included a number of tax law changes, including retroactively extending certain tax provisions that expired after 2017. The Act also included a number of retirement and IRA plan modifications, among other changes. This article is one of a series …
Did You Pay Tax On Home Mortgage Debt Relief In 2018? You May Be Entitled To A Refund.Read More
Tax Extenders and Tax Return Amendment Opportunities – Video
At the end of 2019, Congress passed a series of tax extenders and retroactive tax provisions called the Appropriations Act of 2020. The Act included a number of tax law changes. Watch this video to see if it makes sense to amend your tax return. If you missed any of the earlier tax law change …
Tax Extenders and Tax Return Amendment Opportunities – VideoRead More
The Home Energy Saving Tax Credit Is Back
On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including retroactively extending certain tax provisions. These tax provisions included laws that expired after 2017 or were about to expire, a number of retirement and IRA plan modifications, and other changes that will …
Budget Tips For Covering A Surprise Tax Bill
Tax time is always a bit unnerving, but when you’re hit with a large, unexpected tax bill, it can be shattering. There are few people who have the resources to simply pull out their checkbook and write a check for thousands of dollars, yet it can feel like that’s your only choice. But even people …
Mortgage Insurance Premium Deduction Retroactively Extended
On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes. These included retroactively extending certain tax provisions that expired after 2017 or were about to expire, a number of retirement and IRA plan modifications, and other changes that will impact a large portion …
Mortgage Insurance Premium Deduction Retroactively ExtendedRead More
Above The Line Education Tax Deduction Reinstated
On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes. Among them include the retroactive extension of certain tax provisions that expired after 2017 or were about to expire, several retirement and IRA plan modifications, and other changes that will, as a whole, …
The Difference Between An Audit, A Review, And A Compilation
When it comes time for financial documents to be confirmed, the three options available are an audit, a review and a compilation. Each of these represents a very different degree of effort and investigation, and therefore each provides differing levels of confidence for investors and lenders. Let’s take a closer look at all three. The …
The Difference Between An Audit, A Review, And A CompilationRead More
Video Highlights Of Recent Tax Law Changes
It’s a great time to review the various changes that impact 2019 tax returns. Watch this video for details, or read our recent post about Tax Changes for 2020.