Category Archives: Tax Tips

Tax Reform and Education Funding

The Tax Cuts and Jobs Act modifies qualified tuition programs and the exclusion of student [...]

Starting or Growing a Business? How to Keep Good Records

  Keeping good records for your business is important and essential. Unorganized or missing records [...]

It’s Not Too Late!  Retirement Account Contributions for Tax Year 2017

    For those of you who have been paying close attention to the Tax [...]

IRS Warns Travelers: Passports Can Be Suspended

I have mentioned this topic in prior blogs, but the IRS issued a new reminder [...]

Home Ownership: Tax Cuts and Jobs Act, Part 3

  Another big question coming from many clients regarding the new Act’s effect on their [...]

The Tax Cuts and Jobs Act, Part 2: Pass-through Income Deduction

  There is an old saying that you cannot eat an elephant in one sitting, [...]

The Tax Cuts and Jobs Act: Tax Reform

  The Tax Cuts and Jobs Act was signed by President Trump on December 22nd [...]

Tax Reform Law Has Passed Congress

  The new tax reform law has passed Congress and is awaiting the President’s signature! [...]

Tax Reform: The Conference Committee

  The Conference Committee has reached a deal on tax reform! The bill will now [...]

Tax Reform: Senate Bill vs House Bill

  See PDF of this Blog Here: Tax Reform Blog dated 12.5.2017   In the early [...]

Tax Reform Update

The House of Representatives has passed a tax reform bill, which for the first time [...]

Time to be Thankful: Thanksgiving 2017

It’s Thanksgiving week, and you are probably looking forward to spending the holiday feasting with [...]

IRSAC Issued Annual Report for 2017

IRSAC Issued Annual Report for 2017 The IRSAC (Internal Revenue Service Advisory Council) is a [...]

Security Summit: IRS Prepares for 2018 Filing Season

Security Summit: IRS Prepares for 2018 Filing Season On October 17, 2017, the IRS joined [...]

The Hobby Loss Rule Part III: Audit Mitigation

From the Desk of Lauran L. Stevenson The Hobby Loss Rule Part III: Audit Mitigation [...]

The Hobby Loss Rule: Determining Factors Part II

From the Desk of Lauran L Stevenson The Hobby Loss Rule: Determining Factors Part II [...]

Equifax Data Breach: The Saga Continues

From the Desk of Lauran L. Stevenson Equifax Data Breach: The Saga Continues A deal [...]

The Hobby Loss Rule: What is the Hobby Loss Rule? Part I

From the Desk of Lauran L Stevenson The Hobby Loss Rule: What is the Hobby [...]

Tax Reform

From the Desk of Michael T. McCormick Tax Reform Looks like a coalition of Administration, [...]

The Equifax Data Breach and Steps to Stay Safe

From the Desk of Michael T. McCormick The Equifax Data Breach and Steps to Stay [...]