My daughter has been sending me steady reminders about filling out the Free Application for Federal Student Aid (FAFSA) form. If you–or your child–plan to attend college or
Read MoreYear: 2019
Are You Ready to File For Your Tax Extension?
Are you scared to look your tax professional in the eye? The deadline for taxpayers who requested an automatic six-month filing extension is fast approaching–and
Read MoreIRS Issues New Per Diem Rates
Are you wondering about those updated per diem rates? The new per-diem numbers are now out, effective October 1, 2019. These numbers are to be used for
Read MoreFollowing Wayfair, New Sales Tax Rules Take Effect
If you made a purchase on the internet yesterday, you might have noticed something different: sales tax. Changes in sales tax compliance laws for remote
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Courts Say No To SALT Deduction Challenge
It turns out that there is such a thing as too much SALT. U.S. District Judge J. Paul Oetken has dismissed a lawsuit filed by
Read MoreIRS: More Than 8 In 10 Taxpayers Pay Their Taxes In Full And On Time
Do you file an accurate tax return and pay what you owe each year? If so, you’re in the majority: a report released by the
Read MoreIRS Offers New Look At Form 1040-SR, U.S. Tax Return for Seniors
With the new tax filing season just months away, the Internal Revenue Service (IRS) has released the second draft of federal form 1040-SR, U.S. Tax Return
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Tax Authorities In Portugal: Buying Or Selling Cryptocurrency Is Tax-Free
The United States may be taking a hard line on cryptocurrency, but not all countries are seeking to collect from the virtual currency boom. The
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Thrift Store Worker Shocked To Receive $216 Million Tax Bill
Nobody likes getting a tax bill in the mail. It’s especially concerning when your tax bill is a bit higher than you anticipated. But what
Read MoreCongress May Take Another Look At State And Local Tax (SALT) Deduction Caps
As part of the Tax Cuts and Jobs Act (TCJA), Congress capped the amount of state and local taxes (SALT) that taxpayers can deduct on
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