Paid Family and Medical Leave Employer Credit

If you provide paid family and medical leave for your employees, you may be eligible for a tax credit of up to 25% of what you paid in wages during an employee's leave for up to 12 weeks per tax year.

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Several Tax Law Changes May Affect Bottom Line of Many Business Owners

The following article was published by the IRS.  The Internal Revenue Service is reminding business owners that tax reform legislation passed last December affects nearly every business. With just a month left in the year, the IRS is highlighting important information for small businesses and self-employed individuals to help them understand and meet their tax …

Continue reading Several Tax Law Changes May Affect Bottom Line of Many Business Owners

Here’s How the New Tax Law Revised Family Tax Credits

The following article was published by the IRS. More families will be able to get more money under the newly-revised Child Tax Credit, according to the Internal Revenue Service. The Tax Cuts and Jobs Act (TCJA), the tax reform legislation passed in December 2017, doubled the maximum Child Tax Credit, boosted income limits to be …

Continue reading Here’s How the New Tax Law Revised Family Tax Credits

How Pass-Through Income Will Be Taxed In 2018 For Small Business Owners

The new 20% Qualified Business Income deduction is now available to small business owners, courtesy of tax reform. Learn how the QBI deduction works, what entities are eligible, the phaseout ranges, the restrictions, and how services vs non-services businesses will be treated under the new tax rules.

Tax Planning Strategies 2018 (AND 2019) Year End Tax Planning Strategies

Learn the difference between tax preparation and tax planning. Find out what steps you or your business should take before year end - and what actions you can actually take after Dec. 31, 2018 that will still count for your 2018 taxes.