IRS Extends Over Tax Filing Deadlines According to Treasury Secretary Steven Mnuchin, “Treasury and the IRS are extending tax deadlines.” These deadlines include the “fiscal year businesses, tax-exempt organizations and more than 270 other tax-related deadlines.” … Read More
The 2019 tax season has begun for taxpayers and businesses. The agency is officially accepting and processing federal tax returns for tax year 2018. Even though major tax law changes are in effect due to the Tax Cuts and Jobs Act, the IRS has been able to kick off the season without a hitch.
So, why do we think early tax planning is appropriate this year? Actually, with the prospect of major tax reform on the horizon, some strategies can be put into place before the end of the year that can substantially reduce your 2017 tax bill. That would be nice.
March Madness is right around the corner! I know we just got through the Superbowl. Before you get glued to your flat screen watching the NCAA playoffs, you may want to confront your own March Madness … Read More
By: Alex Franch, BS EA Do you feel like you are in a Snowpocalypse this year? If this winter keeps going as it has been and Massachusetts grinds to a halt, we might be reminded of … Read More
By: Alex Franch, BS EA Most married taxpayers know that they have the option to file jointly or separately for tax filing. The Federal income tax system prods taxpayers toward joint filing. This results in the … Read More
Tax season’s over? Wrong. Choices we make during the year can impact our taxes. Making investments, paying for college education, planning for retirement, and a myriad of other financially-based decisions can help or hurt us when … Read More