Thinking of Moving to a Lower-Tax State? Tax Angles to Consider

If you’re considering moving to a different state, taxes in the new state may be the deciding factor—especially if you expect them to be lower. Consider All Applicable State and Local Taxes If your objective is to move to a lower-tax state, it may seem like a no-brainer to move to one that has no… Read More

IRS Updates Defined Wages for New Section 199A Tax Deductions

Your Section 199A tax deduction will benefit from your business’s W-2 wages paid to you and your employees if you are married and filing jointly and your taxable income is over $315,000 and less than $415,000; are filing as single or head of household and your taxable income is over $157,500 and less than $207,500;… Read More

Tax Return Due Dates in 2019 for 2018 Tax Year

Here are the original and extension tax deadlines….. Partnership Tax: (Form 1065) Original – due on 3/15/2019 Extension – due on 9/16/2019 S Corporation Tax: (Form 1120S) Original – due on 3/15/2019 Extension – due on 9/16/2019 C Corporation Tax: (Form 1120) Original – due on 4/15/2019 Extension – due on 10/15/2019 Sole Proprietor /… Read More