Article Highlights Overlooking Tax Benefits Last Three Years Can Be Amended Sampling of Commonly Overlooked Benefits Professional Review Have you been preparing your own returns?
Article Highlights: The New Draft 1040 Form Comparing the Old and New 1040 Forms The Same Two-Page Length Six Additional Schedules Other Income Adjustments to
Article Highlights: Combat-Injured Veterans Tax Fairness Act Disability Severance Payments Department of Defense Notice Standard Claim Amount Filing a Claim Lack of Documentation As a
Article Highlights: Four States Sue Federal Government High-Tax States Challenging the $10,000 Itemized Deduction for State and Local Taxes Charitable Deduction Work-Around Substance over Form
Basics of E-Filing When e-filing (electronic filing) was first introduced, only the less complicated tax returns qualified. This led to the general public’s perception that
Article Highlights: Over 2 Million ITINs Require Renewal Failure to Renew Can Affect Tax Filings and Refunds in 2019 W-7 Family Renewal Option Three Ways
Article Highlights: What Is AMT? AMT Triggers Medical Deductions Deduction for Taxes Paid Home Mortgage Interest Miscellaneous Itemized Deductions Personal Exemptions Standard Deduction Incentive Stock
Article Highlights: Tax Reform 2.0 House Ways and Means Committee Talking Points Prognosis The dust has not yet settled from the Tax Cuts and Jobs
Article Highlights: Parents Attempting to Shift Income to Children Kiddie Tax Tax Reform Changes Tax on Child’s Unearned Income Tax on Child’s Earned Income Some
Article Highlights: SALT Tax Limits State Work-arounds Converting Tax Deductions to Charitable Contributions IRS Regulations Taxpayer Beware Tax reform has limited the federal itemized deduction
