News and Updates

10 Tax Elections to Save Money on Your 2019 Return

2020 is a presidential election year. You’ll have an opportunity to cast a vote for your favored...

Congress Approves New Disaster-Area Tax Relief

A flurry of tax legislation passed at the end of 2019 as part of an omnibus spending package. You...

Important Tax Figures for 2020

The following table provides some important federal tax information for 2020, as compared with...

SECURE Act Affects Retirement and Tax Planning for Individuals

On December 20, President Trump signed into law the Setting Every Community Up for Retirement...

New Tax Law Provides 10 Key Breaks for Individual Taxpayers

A recent spending package signed into law by President Trump on December 20 retroactively...

New Spending Law Contains Holiday Surprises

On December 20, President Trump signed into law the annual government spending package, which...

Ensure You Qualify for Charitable Donation Deductions

Giving to charity may provide you with a warm feeling as well as a nice tax break. But you must...

Handle with Care: The Nanny Tax Rules

When you hire a nanny, housekeeper or other domestic worker, pay close attention to the tax rules.

FAQs About Self-Employment Tax

Do you owe self-employment (SE) tax on nonwage income that you collect only occasionally or in a...

What Employers Should Know About HSAs

Health Savings Accounts (HSAs) are a tax-smart way to cover an individual’s uninsured medical...