Do Give to Charity, but Don’t Count on a Tax Deduction
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Do Give to Charity, but Don’t Count on a Tax Deduction

by John Waggoner, AARP, November 26, 2019 Only itemized 1040 returns may qualify, so plan ahead for your 2019 filing As we move into the holiday season, charities have visions of fat checks dancing in their heads. And if you want to give to the local hound rescue or the University of Southern California crew team,...

Black Friday vs Cyber Monday: what’s the difference?
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Black Friday vs Cyber Monday: what’s the difference?

By Olivia Tambini via techradar.com It’s that time of year again; Black Friday and Cyber Monday 2019 are fast approaching, and stores like Amazon, Walmart, and Best Buy are already launching their best Black Friday deals  in the run up to the big day on November 29. Black Friday, which now takes up most of November, is one of the best times of the year to...

10 Top Year-End Tax Tips
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10 Top Year-End Tax Tips

By Maryalene LaPonsie, U.S. News Contributor WITH THE WINTER holidays looming, the clock is ticking for taxpayers who want to minimize what they will pay next spring. “There are very few (tax-saving) things that we can do after the start of the year,” says Ed Zollars, a CPA and instructor with Kaplan Professional Education, which provides continuing...

2018-2019 Tax Planning Guide Now Available
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2018-2019 Tax Planning Guide Now Available

You’ll find the online 2018-2019 Tax Planning Guide on our website under TOOLS/TAX GUIDE. The Tax Guide is full of helpful information, including: The Tax Cuts and Jobs Act of 2017 New Tax Rate Reductions Education Strategies Business Tax Strategies …and many other topics. If you have any questions about the new tax laws and...

IRS: Tax Inflation Adjustments for Tax Year 2019
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IRS: Tax Inflation Adjustments for Tax Year 2019

IR-2018-222, November 15, 2018 WASHINGTON — The Internal Revenue Service today announced the tax year 2019 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2018-57 provides details about these annual adjustments. The tax year 2019 adjustments generally are used on tax returns filed in 2020....

How Much Tax to Withhold?
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How Much Tax to Withhold?

Source: USA Today Online AP Personal Finance Writer Sarah Skidmore Sell contributed to this report. WASHINGTON — Millions of Americans are now getting bigger paychecks as a result of the new tax law. So the government is issuing an online calculator for figuring whether enough money is being set aside. The calculator unveiled Wednesday by the Treasury...

Mortgage rates climb to their highest levels in nearly four years
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Mortgage rates climb to their highest levels in nearly four years

Written by:  Kathy Orton/Washington Post Mortgage rates haven’t been this high in nearly four years, just as the spring home-buying season is heating up. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average shot up to 4.38 percent with an average 0.6 point. (Points are fees paid to a lender...

The “Tax Cuts and Jobs Act of 2017”:  What You Need To Know
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The “Tax Cuts and Jobs Act of 2017”: What You Need To Know

The Tax Cuts and Jobs Act of 2017, signed into law on December 22, 2017, represents the most significant changes in tax law in more than 30 years. Whether or not you’re a fan of the new legislation, it’s important to understand how it affects you and what you can do to minimize your taxes...

IRS Reminds Educators of Tax Benefits
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IRS Reminds Educators of Tax Benefits

IR-2017-166, Sept. 28, 2017 WASHINGTON — As teachers, administrators and aides have launched into their fall semester, taxes may not be on the top of their list. However, knowing what to keep track of now can help reduce the burden at tax time. The Internal Revenue Service reminds educators that there are three key work-related...

The Equifax Data Breach
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The Equifax Data Breach

Source:  United Capital of Las Vegas Newsletter On September 7, 2017, Equifax announced a massive data breach that exposed vital personal identification data on as many as 143 million consumers, roughly 55% of Americans age 18 and older. The Equifax Data Breach On September 7, 2017, Equifax, one of the three main credit reporting agencies,...