News & FAQ

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…

By CARLA FRIED – FEB. 23, 2018 with New York Times Municipal revenue bonds that rely on income from their projects like transit improvements to cover interest payments could be more reliable than other types of bonds tied to tax revenue.CreditHilary Swift for The New York Times For many people with hefty state and local tax bills,…

Tax Cuts and Jobs Act (TCJA) The new tax reform law, commonly called the Tax Cuts and Jobs Act (TCJA), is the biggest federal tax law overhaul in 31 years, and it has both good and bad news for taxpayers. Below are highlights of some of the most significant changes affecting individual and business taxpayers.…

Help Prevent Tax Identity Theft By Filing Early If you are like many Americans, you might not start thinking about filing your tax return until close to this year’s April 17 deadline. You might even want to file for an extension so you don’t have to send your return to the IRS until October 15.…

W-2, W-4, W-9 Explained Sometimes it seems like everywhere you turn, there’s another tax form that starts with “w” Is there a rhyme or reason for why they are named so similarly? Are they interchangeable or at least related? Well, much as we hate to say it, there’s not much of a connection between these…

E-File Released – Open for Business We are excited to announce that 1040.com is officially open for business and ready to help you file your taxes the smart, simple way! Speaking of smart and simple, we have collected a cheat sheet of tax forms and records that you should have on hand when you sit…

BY SUSANNAH MCQUITTY (all rights reserved) If 2017 was as crazy for you as it was for the rest of the internet, chances are you ran into a tax-changing event or two (they’re like life-changing events, just with taxes. Woo!). Some events affect your taxes in more obvious ways than others. You might guess that…