The Secret History of a Financial Icon
What’s the connection between the dollar and the Spanish peso?
Thinking About Filing for an Extension?
The April 17 individual income tax return filing deadline is almost here. If you haven’t filed yet, watch out for these pitfalls.
Key Deadlines for 2018 2nd Quarter
Does the April 17 filing deadline apply to your company? What additional tax deadlines are there for businesses during the second quarter of 2018?
Tax Breaks: Tuition and Fees
The recently passed Bipartisan Budget Act of 2018 included an extension of the tuition and fees deduction. But that may not be the best higher-education break to claim on your 2017 return.
TCJA & Medical Expense Deductions
The new tax law makes it easier to claim the medical expense deduction on your 2017 tax return. It provides planning opportunities for 2018, too.
Tax Credits for Small Businesses
Providing employee benefits can help businesses attract and retain the best workers. But the cost can be out of reach for some small businesses. Two tax credits can help make benefits more affordable.
Can You Deduct Home Office Expenses?
You might be able to deduct home office expenses for 2017 but not 2018. The difference may depend on whether you’re an employee or self-employed.
Personal Exemptions, Standard Deductions, & Tax Credits
It’s the total impact of the TCJA’s reduced tax rates and other changes that will determine whether your tax liability drops for 2018. Changes to the personal exemption, standard deduction and child credit are just the tip of the iceberg.
File Your 2017 Tax Return Early
At tax filing time, a large tax bill isn’t your only risk. So is tax identity theft. To protect yourself, be speedy.
TCJA & Bonus Depreciation
Bonus depreciation allows businesses to deduct more of an asset’s cost in the year the asset is placed in service. The new tax law’s enhanced bonus depreciation provision may save tax on your 2017 return.