The 2018 tax year was one of the most complicated in recent history, thanks to the Tax Cuts and Jobs Act—and a tax extenders bill passed in December 2019 is about to make everything even more ...
The IRS on Thursday issued the 2019 annual inflation adjustments for many tax provisions as well as the 2019 tax rate tables for individuals and estates and trusts (Rev. Proc. 2018-57). These adjusted ...
A few weeks ago, I discussed a problem that many taxpayers were or are facing — an unexpected tax bill and penalty due to insufficient tax withholding. I wrote about special relief that the IRS ...
You might not want to hear this, but it’s already time to start thinking about tax preparation. Although April feels far away, the earlier you begin planning your tax filing, the more likely it is you ...
Among the many changes the 2017 tax law enacted are new limits on previously deductible items. But filers who typically itemized deductions in the past can still take some popular items as deductions ...
On Dec. 31, 2018, President Donald Trump signed the Veterans Benefits and Transition Act of 2018. The new bill amended the Military Spouses Residency Relief Act to allow spouses to choose the same ...