Tax and Financial News

01 Apr Should You File an Amended 2018 Return?

Posted at 12:00h in Blog, Tax and Financial News

0 Likes

During the holiday season in December, Congress passed the Consolidated Budget Appropriations Act of 2020. Included in this Act was a tax package that renewed more than 24 tax provisions through what are known as extenders. An extender makes a tax provision effective retroactively. Some...

01 Mar Taxes and Tariffs: The U.S. Response to France’s Digital Tax

Posted at 12:00h in Blog, Tax and Financial News

0 Likes

How it All StartedBack in July of 2019, France passed what was dubbed a “digital tax” targeting the largest tech companies. Impacting approximately 30 big companies such as Amazon, Google, Facebook and Apple, the tax applies to revenues earned from digital services of companies that...

01 Feb When Should You Switch Your Side Hustle to a Business Entity Structure?

Posted at 12:00h in Blog, Tax and Financial News

0 Likes

Starting a side hustle today is easier than ever. Between the numerous websites that act as marketplaces and project jobs that can be found on the internet, almost anyone can turn a skill or hobby they have into something they can make money off. Many...

01 Jan 2020 Tax Brackets, Deductions, Plus More

Posted at 12:00h in Blog, Tax and Financial News

0 Likes

Beginning on Jan. 1, 2020, the Internal Revenue Service (IRS) has new annual inflation adjustments for tax rates, brackets, deductions and retirement contribution limits. Note, the amounts below do not impact the tax filing you make in 2020 for the tax year 2019. These amounts apply...