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TAX SEASON IS HERE!

Welcome to 2020!  It is time to get your tax, investment, and financial matters in order.  We look forward to helping you in the upcoming months.   Individual returns will be impacted by four major tax law changes. Five of the seven tax rates dropped 2-4%. Exemptions are no longer available. Standard deductions nearly doubled for everyone. Some businesses may qualify for new 20%...

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Hope you all had a great summer!

Hope you all had a great summer!

Tax season 2019 

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GOOD ARTICLE ON 2018 TAX LAWS

2018 Tax Reform Law - DOUBLE CLICK ON THE LINK

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POSSIBLE NEW TAX LAWS FOR 2018

POSSIBLE NEW TAX LAWS FOR 2018

Tax reform is making progress, but there’s still a long way to go according to AP/Alex Brandon. - Income tax brackets could change in 2018 if tax legislation is enacted under President Donald Trump. -The Senate’s bill proposes keeping seven tax brackets but changing the income ranges, while the House’s version of the bill would reduce the number of tax brackets to four. -Both...

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Posted in the Wall Street Journal:

The boldest ideas for changing the nation’s tax code are either dead or on political life support, as the Republican effort in Congress to reshape the tax system moves much more slowly than lawmakers and their allies in business had hoped. Republicans, who control both chambers, are scouring the tax code, searching for ways to offset the deep rate cuts they desire.  But their proposals for...

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