Here’s my understanding of the CARES Act (aka Coronavirus Aid, Relief and Economic Security Act) - Catchy Name – so far. As with any...

As expected, the IRS announced the tax deadline for individuals will be delayed 90 days to July 15th, 2020. Important note: Relief is...

Audit is a scary word...and nobody wants to get audited. So here is a little background on how the IRS operates to determine which tax...

On December 20, President Donald Trump signed into law the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the Act). The new ...

You can still make changes after January 1st to help lower your 2019 taxes, save money when preparing your 2019 tax return, and avoid tax...

1. Higher Standard Deductions In 2020, the standard deduction has risen once again. It now stands at $12,400 for single tax filers,...

Even though the tax law went into effect in 2018, some aspects of the law are new for 2019: 1. No Individual Mandate Penalty The shared...