Tax Tidings

Have you heard the phrase “it would take an act of Congress” to get something changed? Well, Congress  acted in December 2017 and passed the Tax Cuts and Jobs Act. Most taxpayers such as individuals and businesses are affected by this legislation. Below are three tax law changes that...

The scope of the tax code is noteworthy. Despite this fact, filing an accurate, complete income tax return saves you time and money. In a desire to reach the aforementioned goal, note the following three tidbits of tax law you must know: Each taxpayer’s filing...

Do you feel like “the hardest thing to understand in the world is the income tax (Albert Einstein)?” Yes, federal and state income tax laws are complex. Taxation in the United States of America (and internationally) is evolving. As you pursue meeting your tax obligations,...

The upcoming tax season is rapidly approaching. Despite the shifts in Washington D.C. (and possible updates to the Internal Revenue Code), managing your tax records throughout the year is a best practice. Consider the below action-items as you deal effectively with your tax records: COLLECT....

Collect. Organize. Preserve. Evaluate. Yes, records must be kept within your business. Undeniably, the accounting of business activities takes time and willpower. You may feel overwhelmed by the request for information from various regulatory agencies. But, keep in mind that knowing how you have contributed...

Pierce, CPA & Advisors "Making Your Tax Experience Happy"