401(k) retirement plan contribution limit increases for 2018; most other limits are stagnantFebruary 21, 2018Educational ArticlesRetirement plan contribution limits are indexed for inflation, but with inflation remaining low, most of the limits remain unchanged for…Read More
Meals, entertainment and transportation may cost businesses more under the TCJAFebruary 19, 2018Educational ArticlesAlong with tax rate reductions and a new deduction for pass-through qualified business income, the new tax law brings the…Read More
State and local sales tax deduction remains, but subject to a new limitFebruary 16, 2018Educational ArticlesIndividual taxpayers who itemize their deductions can deduct either state and local income taxes or state and local sales taxes.…Read More
Is Home Mortgage and Home Equity Loan Interest Still Deductible Under the New Law?February 8, 2018Educational Articles, TaxThere have been changes in the rules for deducting qualified residential interest, i.e., interest on your home mortgage, under the…Read More