The IRS has released its statistics covering 2018 tax returns filed by individuals. As you may remember, 2018 was the first year after the enactment of the Tax Cuts and Jobs Act of 2017. This law included significant changes to...

Given the major changes to the tax law and the additional changes to the IRS withholding tables in 2018, many taxpayers may find themselves owing taxes this year. This can be due to a whole host of factors. In some…

Many families have been impacted by the new tax law changes and may be wondering if there are any deductions and/or credits that still apply to them. Below is a list that you may want to discuss with your accountant...

Many families depend on receiving a tax refund and up until this year it has been something that most families could count on. However, a lot of taxpayers who usually get a refund on their income taxes may be disheartened...

This upcoming tax season is the first year that taxpayers and tax practitioners will work with the changes put in place by the Tax Cuts and Job Act (TCJA) signed into law on December 20, 2017. Significant, far-reaching changes were…

The IRS recently released its statistics for federal taxes in 2015 (the latest year analyzed). Who pays income taxes can be a politicized issue, especially now with significant tax legislation currently under consideration with Congress. However, the information presented below…