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2018 Tax Act Changes

2018 Tax Act Changes

Here are some important things you need to know about the 2018 Tax Act! CHANGES TO INDIVIDUALS: -Increased standard deduction Single: $12,000, Head of Household: $18,000, Married Couples: $24,000 -No more…

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What is the True Impact of IRS Budget Cuts?

What is the True Impact of IRS Budget Cuts?

For fiscal year 2015, Congress approved a $10.9 billion budget for the IRS. This is a cut of $346 million from 2014 and this budget is the lowest since 1998 (inflation considered). What should we expect?

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