We have a complete tax update service for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professional friends. The GiftLaw services are made available to all advisors as a free service. We are available to assist in helping you provide clients with clear and understandable gift illustrations. MORE
In IR 2018-149, the Service highlighted tax tips for the summer season. While most taxpayers are understandably thinking about barbeques and summer
vacations, the IRS offered seven summertime suggestions that may affect taxpayers.
Summer Jobs - Many students and younger individuals work during the summer. They may not have earned enough to owe income tax, but their
employers will withhold Social Security and Medicare taxes from their pay. If the individual is self-employed, he or she must pay Social... MORE