Category: Tax and Politics

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Does the New Tax Plan Affect Your 2017 Tax Return?
The Republican-controlled Congress managed to pass its tax plan by just 24 votes, taking large cuts across the board with many amendments to deductions, penalties, and more, including complete eliminations. Many of these effects won’t take place un...
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Don’t Miss These Upcoming IRS Deadlines
Google, Outlook, or a tried and true notepad? Whatever your preference, mark your calendars with these important tax dates. Keeping track (or failing to) can lead to a bigger refund or higher taxes! The important dates kick off just this week. Open E...
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Republican Tax Reform Bill: How Will It Affect You?
Looming republican tax reform has left many taxpayers wondering how and when they’ll feel the effects of the forthcoming bill. Republican lawmakers have just released their $1.5 trillion proposal for the president’s measures under the Tax Cuts an...
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The Tax Moves Business Owners Need to Make Before Year End
When you start a new business, it’s easy to get caught up in running everything and forget about paying taxes. But you need to plan ahead to avoid a surprise in April. To lower your tax bill and avoid penalties, make these three moves before th...
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Tax Breaks for Hurricane Victims
It has been a particularly devastating season for hurricanes across North America and beyond. People living everywhere from Puerto Rico and the Caribbean to Texas and Florida are just beginning to deal with the devastation brought to their lives, bel...
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Top IRS Penalties and How to Avoid Them
While the IRS will never win a popularity contest, failing to obey tax laws or submitting a tax return with mistakes can subject you to penalties and fines. Use this penalty checklist as a guide to prepare accurate and timely tax returns. Tax Mistake...
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Tax Changes Coming for 2017
While many taxpayers consider January through April to be tax season, taxes are a year-round endeavor. Make sure you’re up to date on tax changes coming for 2017 to save yourself time and money at filing time. 2017 Tax Brackets and Deductions L...
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Healthcare and Taxes: What You Need to Know
Healthcare and taxes is a confusing subject in the United States, and it has been this way ever since Obamacare came into the picture. American taxpayers are obligated to get insured or face a tax penalty — but that’s just scraping the su...
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You Need to Know THIS About Reporting Health Insurance
The Affordable Care Act has been debated since its inception, and now Trump’s executive order may have affected how you report your coverage on your tax return. The executive order gave the Department of Health and Human Services the authority to r...
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How Moving Abroad Affects Your Taxes
Dreaming of Canada? Moving abroad can be a refreshing change, but many fail to realize how their taxes are affected – proper preparation is key. Read below to ensure your financials are in order before hopping on that plane! Continue U.S. Tax R...
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