Ethical Concerns in Using Tax Planning Software
What are my ethical responsibilities when I use software to produce a tax plan? In the world of taxes, there are many ethical issues that
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Recent blogs
Breaking Down the New Mortgage Deduction Rules
Homebuying and homebuilding are good for the economy. That fact, and not lawmakers’ desire to give working families a break, is what makes the mortgage
Dealing With The New Alimony Deduction Rules
For about a generation, spousal support payments have been tax-deductible for obligors and alimony receipts have been tax-reportable for obliges. Effective January 2019, the times
Reassessing Some SALT Deduction Workarounds
In the runup to the 2017 tax reform package, the State And Local Tax deduction “loophole” fell into the crosshairs. Lawmakers predicted that lowering the
Why Are Tax Industry Experts Leary of Proposed Tax Cuts?
We don’t always agree and regardless the issue, there are always arguments on both sides, and discussions are often heated. Expect nothing less toward proposed
Is The New Tax Cut For Qualified Improvement Property Unfair to Restaurants?
Some laws are enacted because they appear to provide solutions to issues in need of resolution. That seemed to have been the case with the
IRS Encourages Tax Pros to WARN Clients: ID Theft Against Employers
A swelling wave of identity theft attempts against employers has the IRS pretty concerned. So much so, it is offering advice about how business owners
Taxpayers Proceed With Caution Warns the IRS
Not so fast, taxpayers! Proceed with caution, warns the IRS, after New York and New Jersey approved workarounds involving charitable organizations. Earlier this year New
Quill Overturned! – How Does This Effect Retailers?
Have you heard? The Supreme Court ruled on South Dakota v. Wayfair and Quill v. North Dakota has been overturned. What does this mean? Online
Sole Proprietorships and Corporations: Do Clients Understand the Difference?
Sole Proprietors and Corporations Have you noticed? Small businesses have been populating the business landscape in clusters? They represent all industries, sizes, and varieties. Some
Brace For the Impact Federal Tax Cap on State and Local Deductions
Will new charitable tax credits being considered by California and other states have any impact on the 2017 federal tax overhaul’s cap on state and
