New tax legislation provides numerous tax benefits for individuals for 2018 through 2025. But not all the changes are likely to align with your go-to tax strategy from previous years. Here are five big tax…

Most of the time, year-end tax planning is based on tried-and-true principles. For instance, people often end up accelerating deductions into the current year to offset their tax liabilities, while deferring income to the next…

As a result of the latest sweeping tax reform, there are about 8,700 designated Opportunity Zones throughout the United States. Navigate the below map to find eligible municipalities and speak with your CPA about the…

Pennsylvania residents: Looking for a tax planning opportunity? There is an alternative method for paying Pennsylvania state income tax which allows taxpayers to convert Pennsylvania income taxes into charitable contributions which benefit Pennsylvania Nonprofit Scholarship…

Tax reform means you have to rethink and retool your tax return. One possibly tax savings opportunity could be holding your 2018 charitable contributions and medical bills until 2019. The passage last year of the…

If your employees are stealing money from petty cash or strolling out the door with computers, you probably won’t need to hire a high-priced forensic auditor to catch them. Unfortunately, most internal theft isn’t so…

In December 2017, the Tax Cuts and Jobs Act was signed into law. The bill represented the first major tax reform since the 1980s. Some of the most notable pieces of the bill were the…

Even though 2019 is just around the corner, you still have time to take action and save on your business tax bill. Here are 10 ideas to consider: Buy equipment. Generally, you can claim an…