Extension Guide
Even though tax returns are officially due on April 17th, 2018, if you need more time you can file an extension. Here’s how an extension works:
Read MoreNatural Disaster Tax Credit
Did you know that if you experience property loss caused by a natural disaster, you may be eligible for a tax credit? While it will may not cover the entire extent of your losses, if you’re eligible, it will help you recoup some losses.
Read MoreUpdating Your Withholding
As you probably know, Congress passed the Tax Cuts and Jobs Act in December 2017, which the President signed and officially made law. While it will not affect your 2017 return, the changes to the tax law have the potential to create serious impacts on your 2018 return.
Read MoreMy Identity's Been Compromised - Now What?
It seems like every other week I hear of a data breach at a company which either directly or indirectly may have my personal data. In fact, it is such a common occurrence, for some people the reaction might turn from being proactive and checking their accounts for fraud to more of a wait-and-see. The problem with the latter approach is then it is too late. Then what?
Read MoreGovernment Shutdown: How it Impacts Your Taxes
As you have probably seen in the news, early Saturday, January 20th, the federal government shutdown, due to Congress being unable to pass a spending bill. The majority of non essential government functions will be halted until Congress is able to pass an appropriations bill to resume funding. The last government shutdown was in 2013 and lasted 17 days.
Read MoreTax Cuts and Jobs Act of 2017
On November 2nd, 2017 Texas Congressman Kevin Brady introduced the Tax Cuts and Jobs Act of 2017 to the House of Representatives. One of the major parts of the bill is that it would effectively reduce the tax rate for businesses and individuals. Below are a few of the bill’s highlights.
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