2018

The IRS has issued the 2019 optional standard mileage rates used to calculate the deductible cost of operating an automobile for business, charitable, medical or moving purposes. See more about the specifics here. Read More

As many taxpayers are now aware, the Tax Cuts and Jobs Act made some major changes to our tax system. One of the significant changes involves meals and entertainment expenses for businesses and self employed individuals. We recently came across a great visual explanation of the changes.

The IRS reminds holiday shoppers to protect their tax and financial data from identity thieves. All it takes is a few extra steps to prevent cybercriminals from stealing sensitive data, such as financial account information, Social Security numbers, and credit card information. Check out this article for

As we approach the end of the year, this tends to be the season of giving. The annual Giving Tuesday started this week to kick off the season of charitable giving. The IRS has a helpful tool taxpayers can use that allows users to search charities to

Many taxpayers are always looking towards their future and trying to take advantage of the best route to boost their retirement savings. We recently came across a great article comparing Roth and Traditional IRAs that we though would be helpful when making this decision. Read More

The Internal Revenue Service announced the 2019 annual inflation adjustments for numerous tax provisions. Find the information you need here. Read More

The Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019. Read more about the changes here. Read More

As the end of the year approaches, now is a good time to think of planning moves to help lower your tax bill for this year and possibly the next. Year-end planning for 2018 takes place against the backdrop of a new tax law, the first major

As a reminder to employers, the Tax Cuts and Jobs Act passed last year have made several changes to an employer’s fringe benefits, which can affect the company’s bottom line and its employee’ deductions. Read more here. Read More

The Social Security Administration (SSA) announced that the maximum earnings subject to the Social Security component of the FICA tax will increase from $128,400 to $132,900 for 2019. See other cost of living adjustments and information here. Read More