If you are selected for an audit you have no choice but to follow through with it. Two things you should strive for in the audit are to minimize the financial impact and to prevent the IRS from investigating beyond the initial items selected for audit. There are times when you may get a

5 Tax Tips for 2018 and Beyond

There’s no avoiding taxes. Here’s how to manage yours. 1. Max out your retirement plan contributions Any time you fund a traditional IRA or 401(k), the money you put in is exempt from taxation for the year you make that contribution. In other words, if you put $1,000 into your 401(k) this year, you won’t

DEMO – Blog Post

IRS Tax Reform Tax Tip 2018-192, December 12, 2018 For businesses that have employees, there are changes to fringe benefits that can affect a business’s bottom line and their employee’s tax liabilities. One of these changes is to qualified moving expenses. Under previous law, payment or reimbursement of an employee’s qualified moving expenses were not