Today, we wrap up our discussion of the changed IRS code, the changes made by the Tax Cuts and Jobs Act (sic). The series started last Wednesday or Thursday, where we discussed personal tax provisions of the law. On Monday, we started discussing the business tax provisions. And, now some 6000 words later, we are completing the changes in the bill.
Continue reading PL 115-97. The Business Portion, Part 3
We’ve seen what could be happening with our personal taxes. (Part 1 here; part 2 here. And, the preamble.) Now, let’s see what changes the House plans for US business taxation.
Continue reading HR-1, Biz 1
No. I am not worried about the “unlucky” number 13 that is today’s secular date. (It is also Shushan Purim, 15 Adar.) I’m worried that many of you have forgotten that the rules have changed.
Continue reading Uh-Oh.
Today is the Ides of March. No, I am not referring to the Julius Caesar masterpiece by Shakespeare (or the history to which it refers). Today is the due date for business tax returns.
Continue reading 1 down. 1 to go.
One of the most common questions I receive this time of year (other than: “Can I please do their taxes?”) is. “What are my chances for an audit?”
Continue reading The Taxman Cometh- NOT!
Yesterday, we talked about individual income tax filing. Today, we will discuss the forms businesses, trusts, estates, and partnerships must file.
Continue reading T-8 (yes, really!)