Category Archives: Year End

Updated 2018 Withholding Tables Now Available; Taxpayers Could See Paycheck Changes by February

The following article was published by the IRS. The Internal Revenue Service recently released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made by the tax reform legislation enacted last month. This is the first in … Continue reading

Posted in Payroll, Personal Finance, Personal Taxes, Planning Strategies, Tax Law Changes, Year End | Tagged , , , , | Leave a comment

How Not to Blow Your Tax Refund

According to the IRS, the average tax return is approximately $2,800. While this seems like a welcome, sizable gift, it isn’t a gift at all. It’s your money – you are just getting a refund on your overpayment to Uncle … Continue reading

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Nine Facts About the Adoption Credit

The following article was published by the IRS. Adoptive parents around the country may qualify for a tax credit. Parents who either adopted a child or tried to adopt a child may claim the adoption credit. Here are nine things … Continue reading

Posted in Personal Finance, Personal Taxes, Planning Strategies, Tax Credits, Tax Tips, Year End | Tagged , , , | Leave a comment

Get Ready for Taxes: Filing Electronically a Safe, Easy Way to File

The following article was published by the IRS. The Internal Revenue Service said recently that it expects more than 90 percent of all 2017 individual tax returns to be prepared using tax software. The majority of those will be e-filed. … Continue reading

Posted in Accounting, Compliance, E-file, Personal Finance, Personal Taxes, Planning Strategies, Self-Employed, Taxes, Year End | Tagged , , , ,

Make These Money Moves Before the Year Ends

The end of the year is often a time of reflection. It’s also a time for looking to the future and planning one’s course over the next year. One of the crucial areas to address during this time is the … Continue reading

Posted in Charitable Organizations, Credit, Holiday Tips, Personal Finance, Planning Strategies, Tax Credits, Tax Deductions, Tax Tips, Year End | Tagged , , , , , , , , , , , , , , , , , , ,

Get to Know the Taxpayer Bill of Rights – Part 1

This is the first tip in a two-part summary of the rights granted to all taxpayers. Every taxpayer has rights. The Taxpayer Bill of Rights takes these rights from the tax code and groups them into 10 categories. Taxpayers interacting … Continue reading

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Six Tax Tips for the Self-Employed

The following article was published by the IRS. Self-employed taxpayers normally earn income by carrying on a trade or business. Here are six important tips from the IRS for the self-employed:

Posted in IRS, Personal Taxes, Planning Strategies, Self-Employed, Tax Tips, Year End | Tagged , , , ,