As you are probably well aware, we may soon see sweeping new tax laws around the country. If you own an LLC, S corporation, or partnership, you’re probably trying to keep track of what the proposed changes would mean for your business and bottom line. Although nothing is set in stone yet, the following will […]
How Might the Tax Act Affect Households?
$6,350 for single people and married people filing separately Single People Making at least $54,300 If you’re married If you have a mortgage The increase in the standard deduction will be good news to most people, but remember that you lose other itemized deductions. The increased CTC is also going to be great for a […]
Get Ahead on Year-End Tasks
Year-end is just around the corner, and that means a couple of administrative tasks are necessary to take care of bookkeeping and tax chores. Here are a couple of tips to make year-end go smoother. Cleaning up Things will go a lot smoother if you reach out to your vendors and employees and get their […]