No Work-Around to SALT Cap, Says IRS

Earlier this month, the IRS issued final regulations pertaining to Section 170. At stake was whether a taxpayer could subvert...

Tax Extender Package – Let’s Get This Passed Already!

If you’re one of the many American taxpayers who had to forgo a deduction you’re used to claiming or are...

IRS Phone Scam: How to know for sure

Have you recently received a phone call from someone claiming to represent the IRS demanding payment for back taxes, tax...

Can You Deduct 20% of Your Pass-Through Income in 2018?

The Treasury recently released proposed guidance in regard to the 20% reduction of pass-through income, which tax nerds casually refer...

Potential Changes to Capital Gains Taxation

The Trump Administration is aiming to reduce capital gains tax, not by reducing the tax rate, but rather by indexing cost basis...

IRS Tax Debt Could Halt Your Travel Plans

The State Department has begun enforcing a pre-existing law that allowed for the denial of passport applications and in certain...

New Tax Code: Not As Simple As Advertised

As the IRS prepares to release the 2018 edition of the 1040 Tax Return on what it calls a, “Postcard,”...

“I.R.S. Website Crashes on Tax Day as Millions Tried to File Returns” the New York Times reports

What a debacle. In true IRS fashion, their antiquated systems finally gave in and greeted taxpayers by telling them to...