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Tax Filling Season Begins; Tax Returns due April 17

Tax Filling Season Begins; Tax Returns due April 17

More than 155 million individual tax returns are expected to be filed in 2018, according to the IRS, which began accepting electronic and paper tax returns on Monday, January 29, 2018. Note: Although the IRS began accepting both electronic and paper tax returns...
Tax Reform and Some Tax Breaks that Made the Cut

Tax Reform and Some Tax Breaks that Made the Cut

Recent tax reform legislation affected the tax code in many ways. Here are four tax breaks that survived the cut that will take effect for the 2018 filing year. Mortgage Interest Deduction The mortgage interest deduction is limited to mortgage principal of $750,000 on...

Scam Phone Calls Continue

Scam Phone Calls Continue; IRS Identifies Five Easy Ways to Spot Suspicious Calls WASHINGTON — The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending...