General News and Information Archives

Nov
19
2019

IRS provides tax inflation adjustments for tax year 2020

IRS provides tax inflation adjustments for tax year 2020 | Internal Revenue Service http://bit.ly/372Fp66

Nov
18
2019

Taxpayers can take steps now to Get Ready to file their taxes in 2020

Taxpayers can take steps now to Get Ready to file their taxes in 2020 | Internal Revenue Service http://bit.ly/2rWa0lD

Nov
15
2019

Help with tax questions for members of the military

Members of the military can check out these resources to help answer tax questions | Internal Revenue Service http://bit.ly/2O7X838

Nov
13
2019

401(k) contribution limit increases for 2020

401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500 | Internal Revenue Service http://bit.ly/2X1zARu

Nov
05
2019

Tax Savings Idea for Those 70 1/2 and Over

As you may already be aware, the standard deduction amounts were increased in 2018 which resulted in fewer people itemizing their deductions. Those of our clients who use the standard deduction miss out on several popular tax breaks, including claiming a deduction for any donations they make to a qualified charity. This means you may be receiving little or no tax benefit for your charitable giving when you had been in prior years.

Can I get a better tax result under the new rules?

Nov
04
2019