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IRS data from the first three weeks of this year's filing season showed a decline in the average refund. Experts with major tax preparation companies said that homeowners in high-tax states may be among those seeing smaller refunds if they didn't adjust their tax withholding this year because their amount of deductions may have declined. The size of someone's refund and their tax liability are two separate issues. Those with smaller refunds did not necessarily get a tax increase, but instead may have just had their taxes withheld from their paychecks more accurately throughout the year.
IRS data from the first three weeks of this year's filing season showed a decline in the average refund. Experts with major tax preparation companies said that homeowners in high-tax states may be among those seeing smaller refunds if they didn't adjust their tax withholding this year because their amount of deductions may have declined. The size of someone's refund and their tax liability are two separate issues. Those with smaller refunds did not necessarily get a tax increase, but instead may have just had their taxes withheld from their paychecks more accurately throughout the year.
The 2017 TCJA eliminated the deduction for any expenses related to activities generally considered entertainment, amusement or recreation. Taxpayers may continue to deduct 50 percent of the cost of business meals if the taxpayer (or an employee of the taxpayer) is present and the food or beverages are not considered lavish or extravagant.
The 2017 TCJA eliminated the deduction for any expenses related to activities generally considered entertainment, amusement or recreation. Taxpayers may continue to deduct 50 percent of the cost of business meals if the taxpayer (or an employee of the taxpayer) is present and the food or beverages are not considered lavish or extravagant.
Protect your identity The Internal Revenue Services (IRS) documented more than 1.2 million identity theft cases where illegal aliens used illegitimate social security numbers to file tax returns in 2017.
Protect your identity The Internal Revenue Services (IRS) documented more than 1.2 million identity theft cases where illegal aliens used illegitimate social security numbers to file tax returns in 2017.
Don’t forget that your 1120 and 1120S is due by March 15th
Don’t forget that your 1120 and 1120S is due by March 15th
Personal and Small Business Returns
Personal and Small Business Returns

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