Bunching Itemized Deductions
Reading Time: 3 minutes With the year about to end, it is the perfect time for the ever-nagging question to occur to most taxpayers. Is there some way that
December 2, 2019
No Comments
Blog Archives
Reading Time: 3 minutes With the year about to end, it is the perfect time for the ever-nagging question to occur to most taxpayers. Is there some way that
Reading Time: 4 minutes Have a business vehicle you want to sell? Don’t make a move until you look into all the tax rules that you’ll need to follow when
Reading Time: 4 minutes Even though tax rules are fixed, there is some flexibility when it comes to certain important tax elections. In some situations, you’ll have a choice
Reading Time: 2 minutes The 2019 tax brackets in comparison to 2018 tax brackets increased around 2% due to indexing. The new tax law passed in 2017 maintains the 10% tax
Reading Time: 3 minutes The Tax Cuts and Jobs Act of 2017 made various changes that prove to be favorable while deducting business equipment and vehicles. Section 179 and
Reading Time: 3 minutes Since the introduction of the new tax laws, many of our clients and future clients are thinking whether to incorporate or not under new tax
Reading Time: 3 minutes The tax reform bill passed by the United States Congress known as the Tax Cuts and Jobs Act, impacts Business Interest Deduction, Net Operating Loss,
Reading Time: 3 minutes The tax reform bill passed by the United States Congress known as the Tax Cuts and Jobs Act, majorly impacts tax rates for corporation and
Reading Time: 3 minutes Under the new Tax Cuts and Jobs Act, pass-through business owners can claim a 20% deduction on the “qualified business income” conditional to certain criteria
Reading Time: 2 minutes One of the most important aspects of the Tax reform passed by the United States Senate is the change in tax brackets among others for
Reading Time: 3 minutes Let’s now look at some of the other specific reforms brought about by the Act for the individual tax payer: Changes to the Alternative
With our expert team, strong code of ethics, clear vision and passion, we strive to meet our clients’ financial goals
For assistance in planning and transferring your US assets to Canada please contact our colleague Phil Hogan, CPA, CA, CPA (CO) at 250-661-9417 or via email at phil@philhogan.com
Copyright © 2020 Akif CPA | All Rights Reserved