To All Business Owners: APPLIES TO SINGLE AND MULTI MEMBER LLCS, S CORPORATIONS AND REGULAR CORPORATIONS If you owed taxes in the prior year and
SPECIAL NOTIFICATION PLEASE SEE BELOW COSE SMALL BUSINESS RESOURCE FAIR ON TUESDAY May 14, 2019 AT THE IX CENTER. FREE FOR ALL BUSINESSES. Robbie Terry-Washington,
NEW W4 – WHAT’S CHANGING? EVERYTHING!!! NEW DRAFT OF W4 EXPECTED TO BE RELEASED FOR COMMENT BY MAY 31, 2019 FINAL VERSION TO BE RELEASED
NEW LIMIT ON BUSINESS INTEREST EXPENSE TAX CUTS AND JOBS ACT (TCJA) ENACTED LIMITATIONS ON THE DEDUCTIBILITY OF BUSINESS INTEREST EXPENSE FOR BUSINESSES WHOSE AVERAGE
NEW TAX DEDUCTION 199A 1. TAX CUTS AND JOBS ACT (TCJA) CREATED A NEW 20% TAX DEDUCTION FOR PASS-THROUGH ENTITIES 2. PASS-THROUGH ENTITIES ARE LLC’S,
TAXPAYERS MAY RECEIVE IRS 5071c LETTER To combat identity theft and fraud, the IRS may require additional information This additional information requirement is part of
CHANGES TO TAX LAW Tax rates lowered. Starting in 2018, there are seven income tax brackets, ranging from 10 percent to 37 percent. Standard deduction
IRS provides various payment options for taxpayers who owe but can’t pay in full Most taxpayers will be affected by the major tax law changes
IRS REFUNDS: REFUNDS ARE BEING PROCESSED WITHIN A 2 WEEK PERIOD IF ELECTRONICALLY FILED SOME REFUNDS WILL NOT BE ISSUED UNTIL FEBRUARY 27, 2019 IF
HOW TO REPORT CRYPTOCURRENCY ON YOUR TAX RETURN: HAVE YOU PURCHASED CRYPTOCURRENCY AND LATER SOLD IN 2018? DID YOU KNOW THAT YOU MUST REPORT A
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