We tease that the Tax Cuts and Jobs Act was the employment act for accountants…it’s funny because it’s true, especially when it comes to choosing your accounting method for businesses. Find out why in this week’s Business Tip.
Now that the fog of 2017’s taxes are behind you, did you talk to your C.P.A. about 2018? Some significant rules have changed, especially itemized deductions. Better take a look at your taxes now! We explain in this week’s Tax Tip.
IRAs were meant to fund your retirement, so the IRS penalizes you if you withdraw from your account prior to age 59½. Learn the details in this week’s Financial Tip.
Divorce in your future? Tax reform changed a lot of things, including how alimony is treated on your income tax return. Learn more in this week’s Tax Tip.
Despite your Social Security benefit coming from a tax on your earnings, once you’re receiving benefits, you may have to pay tax on them! We explain in this week’s Tax Tip.
Have you “migrated to the cloud?” No, not your family photos or back up files—your small business accounting! Learn more in this week’s Business Tip.
The Affordable Care Act imposed a “share-responsibility payment” on taxpayers who did not sign up for minimum essential health coverage. This is eliminated in 2019. Read all about it in this week’s Tax Tip.
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Tax Manager Dan DiLuzio, C.P.A., and Managing Associate D.J. Barker, CWS®, to discuss a unique way to preserve our natural resources while getting a tax deduction with conservation easements.
Tax reform made some sweeping changes to the tax brackets, withholding tables and deductions. You may need to prepare to NOT receive a refund! We explain in this week’s Tax Tip.
In today’s Marietta Daily Journal, we explain how you can direct the money you’d pay in state income tax to fund rural hospitals in Georgia and get credit for a charitable donation on your federal returns. Read the Article This article is for demonstrative and academic purposes and is meant to provide valuable background information on…
