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December 21, 2017
With the end of the year fast approaching, we are reaching out to you with a timely idea and additional information on the Tax Cuts and Jobs Act. Our best idea to save on your 2017 income taxes is to prepay your state property taxes by December 31, 2017. Here is an example: You…
December 19, 2017
On Friday, December 15, the final version of the Tax Cuts and Jobs Act of 2017 was released along with the Conference Committee notes. This version was a result of the reconciliation between the House and Senate versions of the bill that were released over the past several weeks. Given the high probability of passage…
November 2, 2017
As the end of the year approaches, it’s time to consider strategies that could help you reduce your tax bill. The window of opportunity for many tax-saving moves closes on December 31, so it’s important to evaluate your tax situation now. You can still take steps to improve your bottom line for the 2017 tax…
November 2, 2017
As the end of the year approaches, it’s time to consider strategies that could help you reduce your tax bill. The window of opportunity for many tax-saving moves closes on December 31, so it’s important to evaluate your tax situation now. You can still take steps to improve your bottom line for the 2017 tax…
October 25, 2017
The IRS recently announced the 2018 changes to tax benefits. Some areas saw slight increases while others remain unchanged. A few of the highlights include: Retirement Accounts Changes The contribution limit to 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plan increased from $18,000 to $18,500. The catch-up contribution for those age…
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