April 2019
Business Tax Tips
April 3, 2019
The party's over Deduction for entertainment expenses no longer allowed Starting in 2018, deductions for activities that are generally considered to be entertainment, amusement or recreation expenses, or with respect to a facility used in connection with such activities, are disallowed. Forget front row concert tickets or box seats at the MLB game on another […]
Individual Tax Tips
April 3, 2019
Tax credit for children and qualifying dependentsHow much are you eligible for? Beginning in 2018, the child tax credit increases to $2,000 per qualifying dependent child age 16 or younger at the end of the calendar year. This is a huge benefit because a credit reduces your tax bill dollar-for-dollar! Also, up to $1,400 of […]