Tax Season is Here! What does your Accountant need from you?

The holiday season is now officially over which means it’s time for a new season, Tax Season! We understand the majority of people dread this time of year because they have to gather and keep track of all these documents to give to their accountants so they can prepare their tax

2019 Year-end Tax Planning

Now that the 2019 third quarter has passed, it is now time to begin thinking of tax planning strategies to be implemented before the end of the year. It is important to provide your tax advisor with your most current year-to-date income, as well as any other relevant tax information o

New IRS Withholding Estimator

The IRS has created an upgrade to their Withholding Calculator to reflect the new tax law changes.

Surprised by Your 2018 Tax Bill?

With the massive overhaul to the code in 2018, many filers are finding out that their tax situation has changed. The IRS has announced that it will waive the underpayment penalty for taxpayers who paid at least eighty-five percent of their total tax liability during calendar year 2018

How the New Tax Law Affects C Corporations

The Tax Cuts and Jobs Act (TCJA) made significant changes to the federal tax law, including a significant decrease in the corporate tax rate. Beginning in 2018, the tax rate for c-corporations is a flat rate of 21%. This is great for existing corporations, as they were previously taxe