Year-End Tax Planning for Businesses: Part 1

Expense Deduction, Bonus Depreciation, and Safe Harbor Election With Congress in the midst of attempting to enact sweeping tax legislation, it remains to be seen whether the bill will pass. Meanwhile, as year-end approaches, business owners should keep following the current tax rules while preparing for the upcoming tax season. Now is a good time…

What You Can Do NOW Before Filing Your Tax Return in 2018

While taxpayers will not start filing their tax returns for a few months, there are a few things they can do to make the process easier next year. Here are two things that could affect the 2017 returns they will file in 2018. 1. Report name changes Recently married or divorced taxpayers who change their…

Hurricane & Storm Victims: Recovering Lost Documents

Within the space of just one month, the U.S. encountered a wave of hurricanes and storms—and more are forecast to be on the way, according to The Weather Channel. Hurricanes and severe storms are accompanied by a lot of wind and typically storm surges, which can infiltrate your vehicle or home and destroy valuable items,…

The Equifax Data Breach: Are You At Risk?

As many of you have heard, Equifax, one of the nation’s leading credit reporting bureaus, disclosed a massive data breach involving more than 143 million individuals. This data breach has far reaching implications for you and your family.  As a result, we are recommending that you take the following steps in order to determine if…

All of Georgia Now Eligible for Disaster Tax Relief

WASHINGTON — Hurricane Irma victims in the entire state of Georgia now have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today. This includes an additional filing extension for taxpayers with valid extensions that run out on Oct. 16, and businesses with extensions…

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