The Internal Revenue Service (IRS) has issued the 2018 optional standard mileage rates. They are effective beginning January 1, 2018 – even if some of them might not be applicable to taxpayers under the current tax reform proposals.
Read More12 Days Of Charitable Giving (2017): SecureFutures
It’s the second day of my 12 Days of Charitable Giving for 2017. Readers have suggested deserving charities over the past few weeks, and I’ll be posting one a day for – well, 12 days (I’m clever that way). Today’s charity is SecureFutures.
Read MoreTerms You Need To Know: Your Guide To Tax Reform
You can’t go anywhere these days without hearing about those tax proposals. Tax law can be tricky. If you don’t know your personal exemption from your standard deduction, or your Schedule A from your Schedule C, I’ve got you covered. Here’s what you need to know:
Read More12 Days Of Charitable Giving (2017): Respite Care Charleston
It’s the first day of my 12 Days of Charitable Giving for 2017. Readers have suggested deserving charities over the past few weeks, and I’ll be posting one a day for – well, 12 days (I’m clever that way). Today’s charity is Respite Care Charleston.
Read MoreTips For Making Your Charitable Donation Tax-Deductible
A tax deduction for charitable giving isn’t guaranteed just because you’re feeling generous. As with everything in tax law, it’s important to follow the rules. Here are 13 tips for making your charitable donation count in 2017.
Read MoreCriminal Obstruction Tax Case Goes To Supreme Court
Marinello v. United States is the first criminal tax case to be argued at the Supreme Court for nearly a decade. Here’s what’s at stake.
Read MoreComparing The House & Senate Bills To Current Law
The Senate passed their version of tax reform this week. Here’s how their version differs from the House version – and from current law.
Read MoreSenate GOP Passes Tax Reform Bill After Late-Night Vote
Senate Republicans got a win last night when the final version of their tax reform bill passed, 51-49. The vote was largely along party lines: only one Republican, Sen. Bob Corker (R-TN), voted against it, and no Democrat voted in favor.
Read MoreWill Tax Reform Cause Housing Prices To Drop?
Republicans in the Senate have announced that they believe they have enough votes to move their latest version of the tax reform bill forward. The National Association of Realtors (NAR) is warning that the bill will cause housing prices to drop.
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IRS Wins Big In Bid For Coinbase Customer Data
The IRS has notched a win in its battle for data from Coinbase. The IRS may legally investigate Coinbase account holders who may not have paid federal taxes on their virtual currency profits, but the scope of the summons has been dramatically narrowed.
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