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Mid-Year Tax Checkup
It’s hard to believe that we are halfway through the year already. July is a good time to make sure that you are making the best choices for your tax health. Here are some tips to help make tax time 2019 less stressful. Check your withholding. The best thing that you can do to decrease […]
What is this QBI deduction I’ve been hearing about?
One of the most talked-about parts of the Tax Cuts and Jobs Act is the QBI deduction, or qualified income business deduction. So what exactly is it, and can I get it? What is the QBI? The qualified business income deduction is a 20% deduction on most income from pass-through entities such as partnerships, S […]
Tax Scams
IRS Warns of New Phone Scam Involving Bogus Certified Letters; The Internal Revenue Service today warned people to beware of a new scam linked to the Electronic Federal Tax Payment System (EFTPS), where fraudsters call to demand an immediate tax payment through a prepaid debit card. This scam is being reported across the country, so […]