Individual Tax

Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018 through 2025. But that doesn’t necessarily mean your income tax liability will go down. Individual Tax, Tax Cuts and Jobs Act, Tax News

While many provisions of the Tax Cuts and Jobs Act (TCJA) will save businesses tax, the new law also reduces or eliminates some tax breaks for businesses. One break it eliminates Business Tax, Individual Tax, Tax Cuts and Jobs Act, Tax News

The IRS has just announced that it will begin accepting 2017 income tax returns on January 29. You may be more concerned about the April 17 filing deadline, or even the Individual Tax

The Tax Cuts and Jobs Act (TCJA) generally reduces individual tax rates for 2018 through 2025. It maintains seven individual income tax brackets but reduces the rates for all brackets except Individual Tax, Tax Cuts and Jobs Act, Tax News

On December 20, Congress completed passage of the largest federal tax reform law in more than 30 years. Commonly called the “Tax Cuts and Jobs Act” (TCJA), the new law means Individual Tax, Tax Cuts and Jobs Act, Tax News

If you have not paid Alternative Minimum Tax (“AMT”) in the past, you may want to consider making payments for your property taxes and state income tax before year end. This will enable to you to claim these payments as deductions on your 2017 personal income tax return. If you Individual Tax

Recently, Illinois enacted the “Invest in Kids Act,” which provides for a tax credit equal to 75% of qualifying contributions made to a Scholarship Granting Organization (“SGO”), up to a maximum $1 million per taxpayer. The credit is not available to taxpayers who claim a federal income tax deduction for Individual Tax

As the end of the year approaches, most of us have a lot of things on our to-do lists, from gift shopping to donating to our favorite charities to making Individual Tax, Startegic Planning