A long-expected safe harbor allows the owner of a vehicle that is subject to the annual luxury car depreciation caps to claim depreciation deductions during each year of the vehicle’s regular re...
The Senate approved a bipartisan government spending bill on February 14 by an 83-to-16 vote to avert another partial government shutdown. The "minibus" spending package, which will keep the...
The average refund amount at the beginning of the 2019 tax filing season was smaller than this time period last year, a new IRS report shows. However, most taxpayers are seeing tax reform’s bene...
The IRS has recommended acquiescence in result only to a Tax Court decision. In J.M Jacobs, 148 TC No. 24, Dec. 60,947, the Tax Court allowed a professional hockey team, organized as an...
The processing of renewals for enrolled agents (EA) whose enrollment expires on March 31, 2019 will be delayed due to the government shutdown. Therefore, the IRS is automatically extending enrollment ...
The Alabama Department of Revenue (department) has granted filing extensions to taxpayers directly affected by the severe storms. As a result, Alabama taxpayers residing in areas designated as disaste...
- 2018 INCOME TAX ORGANIZER NOW AVAILABLE. SEE LINK AT PAGE BOTTOM
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