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  A key component of the TCJA is the expansion of the standard deduction. The numbers for 2018 are $24,000 (married couples filing jointly), $18,000 (heads of household), and $12,000 (all others). These... Continue Reading

It has been widely reported that the TCJA lowers federal income tax rates for many people. The highest tax rate, for example, has fallen from 39.6% to 37%. Many people who are in lower brackets also stand to... Continue Reading

  Georgia has adopted legislation that: updates the corporate and personal income tax federal Internal Revenue Code (IRC) conformity date to February 9, 2018, with certain exceptions; doubles the standard... Continue Reading

  How Small Companies Can Address Harassment Issues Politicians, journalists, and other celebrities are not the only ones vulnerable to charges of sexual harassment. As a business owner, you could be in... Continue Reading

  Two Five-Year Tests for Roth IRAs The pros and cons of Roth IRAs, which were introduced 20 years ago, are well understood. All money flowing into Roth IRAs is after-tax, so there is no upfront tax... Continue Reading

  The 2017 Tax Cuts and Jobs Act (the “Act”) has overwhelmed many on an individual and business level with the unending question: what will I really be paying in taxes and what is my most advantageous... Continue Reading

If you work for a business, you might incur certain expenses that are related to your job. In some cases, those expenses can be substantial. The process of claiming this deduction for employee business expenses... Continue Reading

At a multinational corporation, the loss of any single employee may hardly cause a ripple in its ongoing business. That’s often not true for a small business. If you’re the prime mover, your inability to... Continue Reading

On December 22nd President Trump signed Tax Cuts and Jobs Act as expected. This bill is the biggest tax reform the United States has seen in over 30 years. The bill contains many changes related to... Continue Reading