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?s what that means for taxpayers in 2020, together with a first look at predicted rates for...
Read MoreNew 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...
Read MoreOpening 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...
Read MoreIRS 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...
Read MoreChanges 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...
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