by zeena | Feb 18, 2019 | Tax Tips
When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you. This is besides the much-discussed tax rate cuts and reduced itemized deductions. For 2018 through 2025, the Tax Cuts and Jobs Act (TCJA) makes significant changes...
by zeena | Feb 6, 2019 | Tax Tips
The IRS opened the 2018 income tax return filing season on January 28. Even if you typically don’t file until much closer to the April 15 deadline, this year consider filing as soon as you can. Why? You can potentially protect yourself from tax identity theft — and...
by zeena | Feb 4, 2019 | Tax Tips
Our Founder and Tax Expert, Azeem Dhalla went LIVE on Facebook to answer your burning accounting questions! Leave a comment below and it will get answered on the next #AskAnAccountant video! You can also view the video from our Facebook page. Be sure to give us a Like...
by zeena | Jan 16, 2019 | Tax Tips
The Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through 2025, but in some cases, taxpayers could see their taxes go up. This is due to reductions or eliminations of certain tax breaks or their filing status. Some may see additional tax...
by zeena | Jan 11, 2019 | Tax Tips
Most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through 2025 or are permanent. There are two major changes under the act for 2019. Here’s a closer look. # 1 – Medical expense deduction threshold With rising health care...
