New Tax Reform Laws

With the new tax reform law in place, it has marked the largest overall changes to the IRS tax code we have seen in quite some time. Here are the more important elements that will be in effect 2018-2025 unless otherwise noted: Tax Rates: New tax rate structure with seven brackets: 10%, 12%, 22%, 24%, … Read more

IRS YouTube Videos – Preparing for Disasters

IR-2017-145, Sept. 6, 2017 WASHINGTON — For September’s National Preparedness Month, the Internal Revenue Service is offering advice to taxpayers who may be affected by storms, fires, floods or other disasters. After the devastation of Hurricane Harvey and with Hurricane Irma threatening parts of the U.S. and Caribbean, the IRS reminds taxpayers that the agency … Read more