When the Tax Cuts and Jobs Act passed at the end of 2017, CPAs hurried to understand the most comprehensive tax update in the United...

December is on its way, and in the blink of an eye, 2018 will be over – as will your opportunity to take advantage of...

Updated 10/5/2020 to reflect 2020 taxable income limits.  In early August, the IRS issued proposed regulations on the Tax Cut and Job Act. The regulations...

The cost of higher education is increasing at an average of 3.1% for tuition and fees and 3.1% for room and board per year according...

Earlier this year, we published an article in Digital News Monthly with an outline of the new Qualified Business Income Deduction (QBI) QBI deduction. As...

When a patient comes in for their checkup you don’t treat them based on last year’s x-rays. Unfortunately, that’s how most tax preparers treat their...

At first glance, there appears to be a long list of limitations when it comes to mortgage interest deduction under the new tax law, but...

It’s time to start gathering your 2017 tax forms and financial records to send to your tax preparer for the 2018 filing season. It is...

In our last tax update, CWA Partner Dan Wicker discussed the tax reform law, and some of the changes both individuals and businesses can expect...

Updated Jan. 5, 2018 President Trump recently signed the tax reform bill into law, and it makes major changes to the U.S. tax code for...

There are some important deadlines fast approaching in September and October, and we do not want you to miss them. So, we interrupt your daily...