Because of the sweeping changes contained in the Tax Reform and Jobs Act of 2017, the Internal Revenue Service has experienced a surge in phone calls in search of help. Before you call, the IRS has several tips and various time-saving resources to get you the...
Individual savings plans can be impacted by new tax law The Tax Cuts and Jobs Act of 2017, enacted in December 2017, touched so many pieces of our tax law, the Internal Revenue Service is still issuing guidance on how the reforms will impact individuals. The 400-page...
Tax Cuts and Jobs Act made significant changes to how American taxpayers will calculate their taxes in 2019 Standard Deduction First, the standard deduction nearly doubles, from $12,700 to $24,000 for married couples and from $6,350 to $12,000 for single filers. In exchange, the reform reduces how...
Managing bookkeeping processes and time can increase productivity, efficiency There are several pros found within the realm of freelancing. One of the pros may be centered around time, but if left unmanaged, time can hinder your business processes. As the following QuickBooks article suggests, sometimes you...