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...
Via: AccountingWeb.com Written by: Dave Barry, Esq. Published November 20, 2018 How long do you have to keep your tax records? The usual answer is at least three years, but there may be extenuating circumstances. In a new, unpublished decision handed down by the Fourth Circuit Court of Appeals, Forde, CA-4 No. 18-1584, 11/13/18, a taxpayer would...
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....
By Christine Hauser New York Times With stiff sentences for 21 conspirators last week in the United States and a round of indictments in India, the Justice Department says it has broken up what appeared to be the nation’s first large-scale, multinational telephone fraud operation. Over four years, more than 15,000 victims in the United States...
www.NevadaBusiness.com June 15, 2018, By Greg Ferraro With the assistance of Las Vegas Global Economic Alliance and partnership with the City of Henderson, Smith’s Food & Drug Stores plans to open a nearly $13.5 million dry-good distribution center in Henderson, Nevada. The grocer will lease the new facility from Panattoni Development, the entity that developed the site....
Source: NPR.com; Vanessa Romo For the first time in its 226-year history, the New York Stock Exchange has named a woman as CEO. Stacey Cunningham will succeed Thomas Farley to become the NYSE’s 67th president on Friday, according to Intercontinental Exchange Inc. Cunningham, who started her career at the exchange as a summer intern in 1994, is...
Source: Vegas INC. The average sales price for a single-family home in the Las Vegas area in April was $289,000, which is an increase of 3.2 percent from March and 16.1 percent from April 2017, according to a report from the Greater Las Vegas Association of Realtors. Additionally, the median price of townhouses and condos...
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...
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, 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...
