Child Tax Credit Enhanced, More Widely Available
There is good news to offer in the form of an enhanced child tax
credit. Under the Tax Cuts and Jobs Act (TCJA), the child tax
credit has doubled, increased the refundable portion, and expanded
Protect Your Business from a Data Breach
As you go about your daily life conducting business online, hackers
are in the wings waiting to pounce and exploit one innocent
miss-click, mistake or mismanagement of company data. Turning a
Meals and Entertainment Changes Under Tax Reform
In general, the new tax Act provides for stricter limits on the
deductibility of business meals and entertainment expenses. Under
the Act entertainment expenses incurred or paid after December 31,
2018 Retirement Plan Limits
The 2018 dollar limit on the maximum permissible allocation under a
defined contribution plan is $55,000. The maximum amount of annual
compensation that may be taken into account on behalf of any
Paying for College: Traps and Blunders
As the school year ends, summer vacation offers parents and
students alike the opportunity to focus on what may be their most
considered subject: PAYING FOR COLLEGE. Many families commit
States have become quicker to declare assets “abandoned” when
account owners lose touch with a financial institution.
Although state laws vary, assets may be determined abandoned if ...
Preventing Tax Identity Theft
IRS Commissioner John Koskinen has asked companies to report
patterns of fraud and for tax preparation firms to team up to fight
return fraud. Criminals are using stolen identities to claim
Charles Rettig Confirmed as New IRS Commissioner
Charles P. "Chuck" Rettig was confirmed as the new IRS
Commissioner on September 12. The Senate confirmed the nomination
by a 64-to-33 vote. Rettig received both Democratic and Republican
Wolters Kluwer Projects 2019 Inflation Amounts
Wolters Kluwer has projected annual inflation-adjusted amounts for
tax year 2019. The projected amounts include 2019 tax brackets, the
standard deduction, and alternative minimum tax amounts, among
Welcome and thank you for visiting our Website. In addition to providing you with a profile of our firm and the services we provide, this Website has been designed to become a helpful resource tool to you, our valued clients and visitors. Our dedication to superior client service has brought us to the Internet as we endeavor to continue to provide the highest quality professional service and guidance.
As you browse through our Website, you will see that not only have we highlighted background information on our firm and the services we provide, but have also included useful resources such as informative articles (in our Newsletter section) and interactive financial calculators (in our Financial Tools section). In addition, we have taken the time to gather many links to external Websites that we felt would be of interest to our clients and visitors (in our Internet Links section).
While browsing through our Website, please feel free to contact us with any questions or comments you may have - we'd love to hear from you. We pride ourselves on being proactive and responsive to our clients' inquiries and suggestions.