Do Landlords Need to File Form 1099-MISC?
January 18, 2019. All landlords should file Form 1099-MISC to qualify for important tax benefits including the 20% pass-through deduction.
Landlords Must Be In Business to Claim the 20% Pass-Through Tax Deduction
January 18, 2019. Learn about the new IRS safe harbor for landlords trying to establish that their rental activity is a business activity.
IRS Announces Standard Mileage Rate for 2019
January 01, 2019. The Internal Revenue Service announced the 2019 optional standard mileage rate for calculating the deductible costs of operating an automobile for business purposes.
Social Security and SSI Disability Benefit Amounts and COLA for 2018
January 1, 2018. The Social Security Administration has announced a 2% increase in Social Security and Supplemental Security Income (SSI) benefits.
The Tax Cuts and Jobs Act: Key Changes for Individuals
January 1, 2018. Here are some of the most important changes for your personal taxes under the new tax law.
The Tax Cuts and Jobs Act: Key Changes for Businesses
January 1, 2018. Here are some of the most important changes for businesses under the new tax law.
IRS Issues Proposed Regulations on New 20% Pass-Through Deduction
Learn what the IRS proposed regulations are for the new 20% pass-through tax deduction
Supreme Court Case Changes Internet Sales Tax Rules
In its South Dakota v. Wayfair Inc. decision, the United States Supreme Court fundamentally changed the rules for collection of sales tax by Internet-based retailers.
Pension Plan Limits for 2017 Announced by IRS
January 1, 2017. The Internal Revenue Service released 2017 tax year cost of living adjustments for pension plans and other retirement-related items. Here is a summary of the more significant items for 2017.
IRS Announces Standard Mileage Rate for 2017
January 1, 2017. The Internal Revenue Service announced the 2017 optional standard mileage rate for calculating the deductible costs of operating an automobile for business purposes.
New January 31 Employer Filing Deadline for Form W-2
January 1, 2017. Employers must file copies of their Form W-2s by January 31 under a new federal law that went into effect this tax year. The new January 31 filing deadline also applies to certain Form 1099s.