Month: June 2018

To deduct or not to deduct – what does the new tax reform say about deductions?

Every year US taxpayers go extra miles just to be able to save some money on their tax bill during tax season. However, the new tax reform backed by the [...]

10 Tax Mistakes To Avoid In The Next Tax Season

When it comes to tax filing, you just cannot afford to make mistakes. Granted that with a tax code as long as the United States’ and so many different [...]

IRS issues new guidelines to deter scammers

  Now that the tax season is over, it’s time for IRS to make some calls to the US taxpayers. Even though the IRS usually contacts taxpayers for [...]

Why Corporate Tax Savings Should Be Held To A Higher Proportion?

Following the "Tax Cuts and Jobs Act" (TCJA) passed on December 20, 2017, the corporate tax rate in the US stands flat at 21 percent, effective since [...]

Free Tax Preparation: Are You Eligible for these IRS Programs?

In the hue and cry about tax season, many US tax filers tend to miss out on benefits made available to them by the IRS. For instance, did you know [...]

The Six IRS Responses To ACA Filing And What They Mean

Ever since the Employer Mandate has been passed, Applicable Large Employers (ALEs), that is, companies having at least fifty or more full-time employees or [...]