Groundhog Day and Income tax
Tucked inside the Pennsylvania town of Punxsutawney, a magical burrow awaits. Its resident, respected by many as the nation’s leading voice in weather prediction, readies himself for the spotlight. At 7:25 a…
Income Tax
Did Tax Reform Help Me?
If you ask people whether they think the Tax Cuts and Jobs Act of 2017 helped them or cost them more money, you may hear different answers.
If they recently filed their taxes, the foremost thing in their minds may be whether they got a tax refund or no…
Did Tax Reform Help Me?
If you ask people whether they think the Tax Cuts and Jobs Act of 2017 helped them or cost them more money, you may hear different answers.
If they recently filed their taxes, the foremost thing in their minds may be whether they got a tax refund or no…
What’s new about the home office deduction in 2018?
If you work at home – even just part-time – you may claim a tax deduction for expenses related to your home office.
The new tax laws, however, may affect whether you are still eligible to claim those costs as a ta…
Income Taxes and Sports Betting in 2018
Welcome to a new day — a day that sports betting fans will remember for the rest of their lives.
On May 14, 2018, the Supreme Court struck down a federal law that effectively banned commercial sports betting in most all states. As a result of ove…
Changes to the State and Local Tax Deduction Under Tax Reform
You’ve probably heard about the adjustments to the state and local tax deduction. The 2017 tax reform made sweeping changes to how much you can deduct.
To better understand the changes that went into effect for 2018, he…
2017 Tax Extenders Passed: TaxAct Updated
Congress recently extended a number of tax breaks for 2017 that include the extension of a few previously expired deductions and credits. Here’s a look at three of the key provisions that impact individuals and families. Qualified mortgage insurance pr…
5 Tax Tips for a Self-Publishing Author
Updated for tax year 2017.If you have a story, inspiration, or anything else you want to tell the world, there’s never been a better time to do it. You can self-publish in hard copies or with Kindle and other ebooks and get paid for your work. The trad…