Hurricane Harvey Tax Relief
The IRS has granted additional relief to victims of Hurricane Harvey by allowing 401(k) s and other employer-sponsored retirement plans to give loans and hardship distributions without the penalty being assessed. This is…
Student Loan Interest
This time of year, I get phone calls from clients that have graduated college and are now looking at paying back the student loan. Yes it is daunting. But take…
Tax Season Change for 2018
The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before…
How the Tax Reform Affects Business
Small Business (this is my favorite part of the tax bill) for tax years after 2017 and before 2026, will be allowed to deduct 20% of “qualified business income” from…
The Final Tax Bill – for Individuals
This has been verified and signed into law. Here is my recap of the tax changes, as they affect you. One on businesses is in the works. Here are the…
What is Blockchain?
It was introduced with Bitcoin, and is its core technology. Think of it as a very robust database. What is different about it is that it literally transformed peer to…
Tax Law Change Write Up
We've written up the new tax law changes! This may seem a bit difficult to wrap around entirely, so please don't hesitate to call our office to schedule a further…
Do You Own Cryptocurrencies?
The IRS estimates that 13,000,000 to 28,000,000 wallets have traded cryptocurrencies during 2013, 2014 and 2015. Less than 900 people per year have filed taxes listing this information. 2,700 /…
Donating Property to a Charity
Donating Property to a Charity Donating used clothing and household items serves multiple purposes. First off, it declutters the house. Secondly, if you itemize your taxes you can get another…