Blog Posts

Standard vs Itemized Deduction?

Standard vs Itemized Deduction?

Standard vs. Itemized Deduction The tax laws have changed! How can you keep up with everything when it comes to taxes?  What is the Standard deduction vs Itemized Deduction? Which way should you file to minimize your tax burden?  The fact is many individuals will no...

New Tax Law

New Tax Law

The new tax law, commonly called the “Tax Cuts and Jobs Act,” is the biggest federal tax law change in over 30 years. There are some significant changes affecting individuals and businesses. Note: Except where indicated, the changes are effective for tax years...

Charitable Contributions Guide

Charitable Contributions Guide

The end of the year is fast approaching, and do you know what that means? Tax Season begins! With all of the tax changes in 2018, many individuals will no longer itemize their deductions on Schedule A. If you believe you will be able to itemize deductions despite the...

IRS provides additional day to file and pay 2017 Taxes

IRS provides additional day to file and pay 2017 Taxes

IR-2018-100, April 17, 2018 WASHINGTON — The Internal Revenue Service announced today that it is providing taxpayers an additional day to file and pay their taxes following system issues that surfaced early on the April 17 tax deadline. Individuals and...

IRS issues standard mileage for 2018

IRS issues standard mileage for 2018

The Internal Revenue Service has issued the 2018 optional standard mileage rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning Jan. 1, new standard mileage rates for the use of...

Happy Holidays

Happy Holidays

As the year draws to a close, we would like to take the opportunity to wish you a wonderful Holiday! Our office will be closed 12/23/17 thru 1/1/18, we look forward to seeing you in the New Year.

Gas Prices Falling

Gas Prices Falling

Hurricane Irma and the damage and bad news "she" wrought will long be remembered-- but here may be a little bit of "good news" for all of us financially impacted. Gasoline prices are (and will be) falling--shortages will be ending! " With refineries...

Relief for Victims of Hurricane IRMA

Relief for Victims of Hurricane IRMA

What has the IRS done for you? If you are in an eligible Hurricane Irma disaster area--read on. As of September 13, the Hurricane Irma disaster areas per FEMA eligible for tax relief include St. John and St. Thomas in the U.S. Virgin Islands; Canovanas,...

How to protect yourself after the EQUIFAX data breach

How to protect yourself after the EQUIFAX data breach

The Equifax Data Breach has us all concerned. Discovered July 29, approximately affecting 143 million people, including names, social security numbers, birth dates, addresses, drivers licenses, credit card numbers and PIN's--what is the best thing we can...

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