Tag: tax changes

Will Tax Changes Cost You?

tax changes
Don’t let tax changes catch you flat-footed.

If you haven’t taken into account tax changes, you may be in for a nasty surprise.

That’s because you may not be holding out enough of your paycheck to qualify for a refund next year, thanks to tax changes passed by Congress last year.

According to the Washington Post:

Sen. Ron Wyden (D-Ore.) and Rep. Richard Neal (D-Mass.)…

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Consult Fort Lauderdale accountants Sterling Accounting to get most of tax changes

Tax changes
Sweeping tax code changes require consultation with Fort Lauderdale accountants.

Tax changes passed last week are the most sweeping in a generation, and they aren’t simple. Which is why it pays to consult experts like the Fort Lauderdale accountants of Sterling Accounting to see how these changes will affect you and your business.

Here are some general outlines of what you can expect from the tax overhaul, as…

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IRS boosts mileage rates

 

Mileage rates
Walton Manors accountants Sterling Accounting are tracking IRS changes to mileage rates.

Wilton Manors accountants Sterling Accounting are always on the lookout for the latest and here’s something to take into account in 2018. The IRS has increased the optional standard mileage rates beginning Jan. 1.

The standard mileage rates will be:

  • 54.5 cents for every mile of business travel driven, up 1 cent from the rate for…
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How Will Tax Pro’s Be Affected By Reform?

Tax reform is on the table, but with a number of big changes being proposed, how would the tax pro’s be affected?

“While the move to overhaul the tax system under the Trump administration’s tax reform proposal and the House GOP Blueprint may aim to greatly simplify taxes, it won’t mean there will be any less work for tax preparers…” [ Read more here ]

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Tax Changes To Note Before Filing Your Returns

Don’t let changing tax trends and laws affect your wallet – have the experts at Sterling Accounting take charge and get you the return you deserve.

“While the deductions and rules for filing will roughly remain the same, some of the numbers and tax brackets will be different, after being adjusted for inflation. “You can’t assume that what you relied on last year is necessarily the same,” says Barbara Weltman…” [ Read more…

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