Is alimony still deductible by payers and taxable to recipients? It depends. There is some confusion around recent tax law changes, but the prior rules generally remain in effect for divorce and ...
Big 2018 tax bill? 4 ways to owe less next year Recent tax legislation includes a bevy of tax breaks for individuals. However, as you may discover when you're filing your 2018 return, not everyone ...
Consider this when choosing to file jointly or separately If you're married, it's better to file a joint tax return, rather than separately ... right? That's usually true, but not always. It depends ...
Reward employees with tax-free achievement awards How can you motivate employees? One way is to set up an achievement award plan that rewards length of service or safety measures. If certain ...
Under recent tax legislation, the deduction for miscellaneous expenses has been eliminated, effective for 2018 through 2025. This wipes out any write-off for employee business expenses you pay out of ...
Tax records needed for 2018 returns Tax filing season kicks off in a few weeks. What records should you assemble? Due to recent tax law changes, you may not need all the records you've kept before. ...
Trading in a business car? Here are the new rules New tax legislation eliminated the tax deferral on exchanges of like-kind exchanges of property, except for real estate. This change (generally ...
After the new law repealed deductions for entertainment expenses, many businesspeople figure their write-offs for treating customers or clients to meals are gone for good. But interim guidance handed ...
REMINDER: Rules have changed for these tax breaks New tax legislation provides numerous tax benefits for individuals for 2018 through 2025. But not all the changes are likely to align with your go-to ...
Major tax legislation at the end of 2017 has suspended many prized deductions for 2018 through 2025, while cutting tax rates. As a result, your year-end tax planning will likely need some new moves. ...