5 things on your to-do list before new tax plan is implemented in 2018 Prepay 2018 property tax bill: Prepaying is fine as long as you agree with your property tax valuation. Many jurisdictions will not allow you to protest your property tax valuation if you prepay. Check with a property tax attorney as needed.Read more about 5 things on your to do list before new tax plan is implemented in 2018[…]
Here’s how the new tax plan impacts your business… Below are few major highlights for Corporations/ Businesses. Reduction in corporate tax rate: Under the new tax plan, corporate income is taxed at a top rate of 21% instead of 35%. Alternate Minimum tax: The bill repeals AMT for corporations. Multinational corporation taxes: Currently, US operatesRead more about Here’s how the new tax plan will impact your business…[…]
Here’s how the new tax bill will impact your taxes Below are few major tax highlights and the impact the new tax plan may have on your 2018 tax bill. Individual tax filers Health insurance: There is no penalty for not buying health insurance Estate taxes-exempts most: Estate tax is the threshold permitted under the lawRead more about Here’s how the new tax bill will impact your taxes[…]
As we are approaching the end of the year and close to the holiday season, many business owners and individuals donate money, gifts or other tangible items to charitable organizations. One of the very frequently asked questions are: What are the record keeping requirements for both donating items and money? What is deductible asRead more about 6 tax tips for charitable contributions[…]
