Tax Reform

Questions About Tax Reform?

For over a year we have been hearing about the December 2017 Tax reform legislation.  But, how does it affect you? The IRS has attempted to provide resources to enable you to find answers to your questions by visiting IRS.gov.  Here is a reprint from an IRS blast that lists several of the resources that […]

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How the Tax Cuts and Jobs Act Tax Affects Itemized Deductions

Due to the TCJA or recent tax reform, in addition to nearly doubling standard deductions, several itemized deductions that can be claimed on Schedule A, Itemized Deductions have changed. Many individuals who formerly itemized may now find it more beneficial to take the standard deduction. Here are some of the changes to Schedule A for […]

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