December 6, 2018
U.S. Stocks Set to Fall, Oil Slides on OPEC Impasse
Oil prices fall sharply as OPEC meets; arrest of Huawei finance chief stokes worries of escalation in U.S.-China tensions
December 6, 2018
Federal Reserve President Williams Expects Further Rate Increases into Next Year
Williams predicted economic growth of around an above-potential 2.5 percent in 2019.
December 4, 2018
Yet Another New Password Guidance
This is especially important for taxpayers and tax professionals who use online accounts involving financial data or even their online account with the IRS or a tax software provider.
November 28, 2018
There Are Many Options Available for Preparing a 2018 Tax Return
Common warning signs of an unscrupulous preparer include only taking cash payments, basing the fee on the size of the tax refund or not signing the tax return.
November 26, 2018
IRS Issues Proposed Regulations on New Business Interest Expense Deduction Limit
Deduction for business interest expense is generally limited to the sum of a taxpayer's business interest income, 30 percent of adjusted taxable income and floor plan financing interest.
November 21, 2018
The two big reasons there really might be a recession in 2020
Corporate debt is the new subprime.
November 20, 2018
Making large gifts now won’t harm estates after 2025
The TCJA temporarily increased the BEA from $5 million to $10 million for tax years 2018 through 2025, with both dollar amounts adjusted for inflation.
November 19, 2018
Like-kind exchanges now limited to real property
To report a like-kind exchange, taxpayers must file Form 8824, Like-Kind Exchanges, with their tax return for the year the taxpayer transfers property as part of a like-kind exchange.