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Important Tax Dates

Tax filing season is upon us once again. The following are some important dates and policies that will apply to the upcoming filing season.   The Internal Revenue Service will begin accepting 2017 tax returns on Monday, January 29. This year’s filing deadline...

Tax bill becomes law

The tax reform bill is now completed with President Trump signing the Tax Cuts and Jobs Act of 2017 on December 22. Most of the new provisions will take effect on January 1, 2018.  The following are highlights of some of the major tax provision changes contained in...

Tax Reform: one step closer

Tax reform jumped another major hurdle this past weekend when the Senate passed its tax bill. The next step will be a House-Senate conference committee that will meet and reconcile the two bills and hammer out a final version that both chambers will then vote on. The...

Tax Reform

House Republicans finally released their tax reform plan last week. Now the debating and special interest lobbying can begin in earnest!  The following are highlights of some of the major tax provision changes contained in the bill. Individual tax brackets – The...