News & FAQ

Hiring a trained accountant has many advantages if you are a business owner who juggles multiple segments of your business. An accountant can help you balance your finances so you do not have to worry about the hassle of that. Feinstein Tax And Accounting, Inc. is a family-owned business that has operated since 1988 in…

Tax Changes in 2021 Whether you filed your 2019 taxes yet or not, believe it or not, you can begin thinking about start thinking about your 2020 return—due April 15, 2021. The sooner you educate yourself about tax changes, the more time you will have to take advantage of them. (Remember, there are advantages to filing…

First Look at 2020 Tax Rates The U.S. Bureau of Labor Statistics reported today that the consumer price index (CPI) has increased by 0.1% for August, after rising 0.3% in July. Here is what that means for taxpayers in 2020, together with the first look at predicted rates for the next year as calculated by Bloomberg Tax…

New Tax Brackets (Tables): What Has Changed With Tax Reform The Tax Cuts and Job Act contains hundreds of changes that affect taxable income, including new tax brackets. To compare the old and new information, view the 2017 and 2018 tax tables below. For additional context, read on and we’ll give you an outline of…

Opening Day – January 29, 2019 – Schedule NOW WASHINGTON – The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 29, 2018, and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February. The IRS will begin accepting tax returns on Jan. 29, with nearly…

IRS Launches Instagram Account to help taxpayers As part of a larger mission of helping all taxpayers understand and meet their tax responsibilities, the Internal Revenue Service announced its debut on Instagram, adding this platform to its social media portfolio. The agency added the social media platform to reach more taxpayers, share timely information on…

Changes to Florida Alimony Law, Effective 2019 If you and your spouse plan to get a divorce, you should probably be aware that any divorce that is not finalized before January 1, 2019, will be subject to new law concerning the taxability and deductibility of alimony.  Currently, unless otherwise specifically designated, alimony is taxable to…