Tax pros representing clients in an Internal Revenue Service (IRS) audit need to be able to address the crucial questions
...Continue readingPro Tips to Cancel (or Reduce) IRS Tax Bill Interest & Penalties
A tax bill from the Internal Revenue Service (IRS) is likely to induce sticker shock. With interest charges and penalties
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Get to Know the New Form 1041 For Trust & Estate Income
The Internal Revenue Service’s Form 1041 is just one of many federal forms that look slightly different after passage of
...Continue readingAvoid IRS Collections: Perfect Your Payroll Tax Deduction Advice
Payroll taxes are the leading reason why small and medium size businesses get hauled in to the Internal Revenue Service’s
...Continue readingNew Standard Deductions, a Plus for Most Taxpayers, Could Depress Charitable Giving
Low interest rates and high taxes have traditionally generated increased interest in charitable giving, but things might be different this
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Hone Your QBI Deduction Advice, Despite Lack of Section 199A Guidance
One of the most important and complex parts of the Tax Cuts and Jobs Act of 2017 is Section 199A,
...Continue readingPrepare Now for Recent Major Changes to California Tax Laws
If your business operates in California or you have clients in the Golden State, then you already know how challenging
...Continue readingTax Reform Act Disrupts Fringe Benefit Planning: Here’s How to Advise Clients
The Tax Cuts and Jobs Act of 2017 (TCJA) made big changes to the Internal Revenue Code (IRC)—and one key
...Continue readingUse the Tax Off-Season to Update Your 1099 Filing Know-How
Proposed regulation changes are underway that will change how you file tax information forms—such as those in the 1099 series—beginning
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Individual Mandate Penalty Will End—But Not Until 2019
The Trump Administration has picked apart the Affordable Care Act on a semi-regular basis since Trump took office, but one
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