by Harry | Oct 25, 2019 | Tax Info, Tax Planning
Do you own stock in foreign corps? There’s a new IRS revenue procedure you should know about. It’s called the IRS Revenue Procedure 2019-40. This procedure provides tax relief to certain US citizens who own stock in certain foreign corporations. In essence, IRS...
by Harry | Oct 24, 2019 | Tax Info
The Tax Cuts and Jobs Act dramatically changed the American tax code. One of the features of the new tax code included tax rates that shift from year to year in the first years of the new code. Additionally, tax brackets have long been tied to inflation, which means...
by Harry | Oct 1, 2019 | Tax Facts
The Tax Cuts and Jobs Act made huge changes to the federal tax code when it passed in late 2017. And this summer, we’ve also seen some significant tax changes at the state level as 23 states (and the District of Columbia) made changes to their statewide tax laws....
by Harry | Sep 27, 2019 | Guide
Every year, cybercriminals use things like phishing emails and malware to steal sensitive taxpayer data. And while it’s important for individual taxpayers to protect themselves from identity thieves, it’s equally important for tax preparers to protect their clients’...
by Harry | Sep 27, 2019 | Tax Tips & Tricks
Higher education is pricy. But there are two valuable tax credits that can help parents and students offset the cost of college or vocational education: the American opportunity tax credit and the lifetime learning credit. Our experts here at Tax Defense Partners...
