21% of Taxpayers Will Be Underwithheld For 2018
The Government Accountability Office (GAO), in a report assessing the impact of the Tax Cuts and Jobs Act provisions and the withholding ...
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The Tax Professionals Blog · 446 articles
S Corporation Medicare Premiums Reimbursement
A frequent question that arises is whether a shareholder of an S corporation can deduct above-the-line Medicare premiums.
Read more133,000 Injured Veterans Entitled To Tax Refunds
133,000 Injured Veterans Entitled To Tax Refunds - As a result of the 2016 Combat-Injured Veterans Tax Fairness Act more than 133,000 inj...
Read moreIndependent Contractor or Employee - The “ABC” Test
Several states, including California, Massachusetts, and New Jersey, have adopted the so-called “ABC” test. The test is a broad means of ...
Read moreHELOCs and Acquisition Debt
There was a recent lengthy discussion on ClientWhys connect in regards to what constitutes acquisition debt and equity debt in light on t...
Read moreTax Reform and the Recharacterization Rule
The Tax Cuts & Jobs Act repeals the special rule that allows a traditional IRA to Roth IRA conversion to be later unwound. Thus, for...
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