~Please drop off, email or mail your tax paperwork prior to your appointment. ~If you cancel your appointment less than 24 hours in advance, you will receive a $48.00 “No Show” fee. ~Clients not arriving on time for their appointment will be charged a fee…

2020 TAX SEASON Effective Thursday, January 30, 2020 – Friday, April 10, 2020 In addition, please be sure to get us your tax paperwork PRIOR to your appointment.  This can be done via email, mail or in person drop off. 2020 Hours Beginning May 1st:…

Part of the “Further Consolidated Appropriations Act, 2020” includes various tax changes.  We previously sent an email regarding the Extenders portion of this new law.  Today’s email is on another part titled the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act…

The recently enacted tax reform package changed the way we think about itemized deductions by placing caps on some items and outright repealing others. The change that’s garnered the most attention is the new $10,000 cap on the state and local income and property tax…

CLICK HERE for the ACA Addendum Form The Patient Protection and Affordable Care Act (PPACA) 2010 HR3590, or Affordable Care Act (ACA) for short, is the new health care reform law in America and is often called by its nick-name Obamacare. The Patient Protection and Affordable…

The standard mileage rates for 2020 are: Please note that we have included the 2019 and 2020 mileage rates for your comparison. 2020 Rates are now available Mileage                 2019 Rate/Mile       2020 Rate/Mile Business Travel     …

The October 24, 2018, draft of the 2018 Form 8965 shows a change in the penalty exceptions for not having insurance. Many exceptions to the penalty require an approval number from the Marketplace.  There are various codes A-G that do not require Marketplace approval.  In…

In the wake of the Tax Cuts and Jobs Act, IRS released both a new Withholding Calculator and an updated Form W-4. The new calculator provides employees with information they need to include on the new Form W-4 in the event that employees need to make changes to their withholding….

2019 Tax Rates Etc as Indexed (taxes due April 2020)                                       Single 10% bracket tops at $9,700 12% tops at $39,475 22% tops at $84,200 24% tops at $160,725 32% tops at $204,100 35% tops at $510,300 37% applies to anything over $510,301 MFJ 10% bracket…