Prepping for the Tax Cuts & Jobs Act
The United States is on the verge of passing the largest tax overhaul since the tax code revamping in 1986. It will drastically change the landscape for some moving forward starting in the 2018 tax year. In preparation of the…
Read more2018 Standard Mileage Rates
Late in the afternoon on Thursday December 16, 2017 the IRS released the 2018 standard mileage rates with Notice 2018-03. These rates are used for calculating deductible amounts related to business mileage, charitable deduction mileage, medical mileage, and mileage related…
Read more2018 Inflation Adjustment Amounts
The IRS has released various limitations and amounts tied to cost of living adjustments and can change year over year. Listed are common items for taxpayers.
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