IRS Tax

How TCJA has affected alimony payments

TCJA-Affects-on-Alimony-Payments
Divorce can be tough, both emotionally and financially. This becomes even worse for people who land on the wrong side of the alimony wagon - the added [...]

How Tax Reform Affects IRS Moving Deductions

Effects-on-IRS-Moving-Deductions
Often people end up changing cities for a better job opportunity or simply because they are expanding or shifting their existing business. Such a move [...]

Just In! This year’s list of the “Dirty Dozen” tax scams- Part I

robust-tax-filing-in-plano
An annual ritual of the IRS, Dirty Dozen is a list of possible tax scams that innocent taxpayers can easily fall prey to. This list becomes especially [...]

“Choose Your Tax Preparers Carefully!” – IRS

best-tax-filing-in-plano
With the tax season in full bloom and a host of new and seemingly confusing tax reforms like the Tax Cuts and Jobs Act in effect, it is no surprise that a [...]

New Yorkers v/s The State Tax Officials : Who will win?

tax-filing-services-in-plano
It’s a cat-and-mouse chase between the elite of New York and the IRS! With the latest federal tax laws lowering the deduction limit on state and local [...]

Tax norms for American Expats: Everything you need to know

american-expats
Often, Americans who move abroad are not aware of their tax obligations to the US government. This happens because they often live under the false belief [...]

Demystifying Life Insurance – one myth at a time

best-tax-filing-services-in-plano
Life Insurance policies are often surrounded by a canopy of myths and confusion. This is mostly due to a lack of awareness which leads to a lot of hesitant [...]

Tax Credit and Tax Deduction – what’s the difference?

best-tax-palnning-in-plano
How many times have you heard the terms “tax credit” and “tax deduction” being used while wondering if they mean the same thing? Well, let us clear [...]

Super bowl fans, here are some football tax tips for you!

best-tax-planning-services-in-plano
It’s that time of the year again - the season for bragging rights, the season to watch your old heroes test their mettle while new ones are born. Yes, we [...]

The most important day of January 2019!

best-tax-palnning-in-plano
With the Government shut down for an unprecedented duration, it is no surprise that everyone is feeling anxious about filing their tax returns and claiming [...]