Tax Cuts and Jobs Act

Aug 15, 2018 | Larry | 2017 Tax Cuts & Jobs Act, Uncategorized

INDIVIDUAL CHANGES These changes do not apply to corporations and partnerships.They are applicable to anyone who files a 1040 Individual Income Tax Return – The personal exemption for filers and dependents of $4050 each has been eliminated. -Th

IRS Withholding Calculator

Mar 5, 2018 | Larry | 2017 Tax Cuts & Jobs Act, IRS, W-4, Withholding

In response to the 2017 Tax Cuts & Jobs Act. the IRS has come out with a new online withholding calculator. Deductions, credits and exemptions have all been affected. First, a maximum $10,000 can be deducted for a combination of state income and