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CARES Act

  • March 27, 2020

Congress has passed a $2.2 trillion stimulus package to support the economy during the virus pandemic.  The President has indicated that...

2017-year-end-tax-strategies

COVID-19 Update: IRS Provides Clarity on Tax Deadline Extension

  • March 25, 2020

A frequently asked questions (FAQ) page has been released by the Internal Revenue Service (IRS) to clarify the extension of the...

Cash-Flow-Todd-Carroll

Taxing Issues Related to Cryptocurrency

  • January 30, 2020

Written by Jay Logal The IRS has made cryptocurrency (bitcoin) a hot button topic. They recognize that taxpayers are not reporting...

Tax Update included in Year-End Spending Package

  • January 3, 2020

Written by Jennifer Cochran The bulk of the bill lays out how the government will appropriate federal budget monies across various...

Safe Harbor for Rental Real Estate Update

  • November 19, 2019

The new tax law effective for the 2018 tax year provides a new income tax deduction for business income earned from...

tax-reform-framework-2017

Depreciation Update for 2019

  • November 11, 2019

Depreciation is a great way to reduce your taxable income.  With 100% bonus and section 179 you can eliminate most or...

Tax Reform: Three Provisions That Could Affect Borrowers

  • May 20, 2019

Most of the changes enacted by the Tax Cuts and Jobs Act took effect in tax year 2018. So the current tax-filing season is...

safe-harbor-for-rental-estate-2019

Final IRS Regulations Create Safe Harbor for Rental Real Estate

  • January 31, 2019

written by Kathy Hillenburg The new tax law effective for the 2018 tax year provides a new income tax deduction for...

Year-End Tax Planning for Individuals

  • November 19, 2018

Tax season is just around the corner, and individuals are finalizing their year-end financial strategies ahead of the new year. We’ve...