Nico P. Saborse

Which TCJA Changes for Individuals Are Permanent under Current Tax Law?

The landmark Tax Cuts and Jobs Act (TCJA) was passed in late 2017, but the law is still in the headlines today. Most TCJA provisions that affect individual taxpayers are scheduled to expire after 2025. However, there are six noteworthy exceptions that will remain on the books after 2025, unless Congress passes additional legislation to override them.

Business Owners: Failure to Substantiate Donations Can Be Costly

Charitable donations can provide businesses with significant tax savings. But for gifts over a...

Important Things to Know about 529 College Savings Account Withdrawals

Have you set up Section 529 college savings plans for your children or grandchildren? The major...

Do You Qualify for the 0% Tax Rate for Capital Gains and Dividends?

Many people currently qualify for a 0% federal income tax rateon net long-term capital gains...

Tax Credit Cuts Price of Home Energy Audits

Homeowners have long been rewardedwith favorable tax treatment for making energy-efficient...

Don’t Overlook the Child Care Tax Credit

For years, the tax code has offered an incentive for employers to provide child care to their...

QBI Deduction: Use It or (Possibly) Lose It

The qualified business income (QBI) deduction is available to eligible individuals through 2025....

Tax Breaks for Employer-Paid Education Expenses

Is your business struggling with a shortage of skilled workers in today's tight labor market? One...

6 Tax Angles to Layoffs

After a robust job market over the last few years, layoffs are now on the rise. Through November...

New Business Travel Per Diem Rates Are Effective on October 1

Are you and your employees frustrated by the time-consuming task of documenting and reviewing...