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At their core, tax credits are a very particular type of benefit designed to offset the actual tax liability associated with SMBs around ..read more
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The late-2017 tax-reform package changed the rules for personal casualty losses, which now are only deductible if they occur in a ..read more
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If you could not complete your 2018 tax return by the normal April filing due date and are now on extension, that extension expires on ..read more
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If you own cryptocurrency, you need to know that the IRS has owners of cryptocurrency in its sights because many cryptocurrency owners are ..read more
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Every year, the vast majority of taxpayers file their returns with the IRS between the end of January and the April due date.  However, ..read more
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Educate your family members – especially older ones – about fake IRS letters so that they do not fall for the scam.  Every year, the ..read more
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You have your 2018 tax return filed, or perhaps on extension, and now it is time to look forward to the changes that will impact your 2019 ..read more
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Although audits are relatively rare, as fewer than 1% of taxpayers grouped by income level will get that dreaded notice on IRS ..read more
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It Makes a Difference for Taxes – Now More than Ever  Taxpayers are often confused by the differences in tax treatment between ..read more
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Here’s on Overview of the Affect the Tax Deduction for Travel Expenses of a Self-Employed Individual Note: effective for years 2018 ..read more

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