News and Updates

Will You Have to Pay Tax on Social Security Benefits?

Will You Have to Pay Tax on Social Security Benefits?
Some people are under the misconception...

There’s Still Time to Set Up a SEP for 2016

There’s Still Time to Set Up a SEP for 2016
Simplified Employee Pensions (SEPs) are...

Remember RMDs this Tax Season

Did you know that, once you turn age 70½, you must start taking mandatory annual withdrawals from...

How S Corporations Can Save on Federal Employment Taxes

If you own an unincorporated small business, you may be getting fed up with high self-employment...

Handling Interest Expense on Loans to Inject Capital

There are instances when you can write off interest on personal loans used for business purposes,...

Are You Eligible for the Health Insurance Premium Tax Credit?

The Affordable Care Act established the health insurance premium tax credit (PTC). It first became...

IRS Updates FAQs on Certain ACA Provisions

The Trump Administration and the Republican majority in Congress plan to repeal and replace the...

Important Tax Figures for 2017

The following table provides some important federal tax information for 2017, as compared with...