Families With College Students May Save Tax on Their 2017 Returns With One of These Breaks
Whether you had a child in college (or graduate school) last year or were a student yourself, you may be […]
Taxes
Taxes
TCJA Temporarily Lowers Medical Expense Deduction Threshold
With rising health care costs, claiming whatever tax breaks related to health care that you can is more important than
Taxes
State and Local Sales Tax Deduction Remains, But Subject to a New Limit
Individual taxpayers who itemize their deductions can deduct either state and local income taxes or state and local sales taxes. The ability to deduct
Business, Taxes
Can You Deduct Home Offices Expenses?
Working from home has become commonplace. But just because you have a home office space doesn’t mean you can deduct
Taxes
Personal Exemptions and Standard Deductions and Tax Credits, Oh My!
Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018 through 2025. But
Taxes
Don’t Be a Victim of Tax Identity Theft: File Your 2017 Return Early
The IRS has just announced that it will begin accepting 2017 income tax returns on January 29. You may be more
Taxes
Most Individual Tax Rates Go Down Under the TCJA
The Tax Cuts and Jobs Act (TCJA) generally reduces individual tax rates for 2018 through 2025. It maintains seven individual
Taxes
Tax Cuts and Jobs Act: Key Provisions Affecting Individuals
On December 20, Congress completed passage of the largest federal tax reform law in more than 30 years. Commonly called
Investment, Retirement, Taxes
401(k) Retirement Plan Contribution Limit Increases for 2018; Most Other Limits Are Stagnant
Retirement plan contribution limits are indexed for inflation, but with inflation remaining low, most of the limits remain unchanged for
Taxes
What You Need to Know About Year-end Charitable Giving in 2017
Charitable giving can be a powerful tax-saving strategy: Donations to qualified charities are generally fully deductible, and you have complete