2017 Year-End Tax Reform and Tax Planning News

Tax Reform Latest News “On December 2, the Senate, by a vote of 51 to 49, passed its version of the "Tax Cuts and Jobs Act" (the Act). The…

7 last-minute tax-saving tips

The year is quickly drawing to a close, but there’s still time to take steps to reduce your 2017 tax liability — you just must act by…

2018 Q1 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018. Keep in mind that…

Cutting costs when you’ve gone over budget

Year end can’t get here soon enough for some business owners — especially those whose companies have exceeded their annual budgets. If you…

Could an FSA offer the benefits flexibility you need?

Business owners have to make tough choices when it comes to providing benefits to their employees. Many companies, especially newer or…

Why you may want to accelerate your property tax payment into 2017

Accelerating deductible expenses, such as property tax on your home, into the current year typically is a good idea. Why? It will defer…

Reduce your 2017 tax bill by buying business assets

Two valuable depreciation-related tax breaks can potentially reduce your 2017 taxes if you acquire and place in service qualifying assets…

Tax Implications of Moving

People move for various reasons: to be close to loved ones, amenities and nightlife, to pursue lower living costs, or just because you…

Tax Tips for Expats, Digital Nomads, and Other US Citizens Who Live Abroad

Expats, dual citizens, digital nomads: all people who may retain American citizenship but don't spend much time in the US which can lead to…

Is Living in a State with No Income Tax Really Easier on Your Wallet?

All Americans are obligated to pay federal tax income taxes, and most states (and some counties and cities) will also make their residents…

How Olympic Medals are Taxed

Olympians are definitely stuck contending with tax bills resulting from their victories. Most prizes and awards are taxable whether you win…

Why Hire A Portable CFO?

Why Hire a Portable CFO? Let’s be honest: Entrepreneurs and small business owners wear many hats. During the regular course of a day, you…

Brexit’s Impact on US Taxes

The United Kingdom's vote to leave the European Union (EU) is going to have a lot of impact on international trade, not to mention the…

Tax considerations for switching jobs or unemployment

If you are about to switch jobs or experience some sort of unemployment, there are certain tax implications you may need to consider.…

The IRS Tools of Last Resort: Tax Levies and Liens

April 15th is in most taxpayers' rearview mirrors--except for those with an outstanding tax debt. There are provisions for extending the…

When You Need to File an Amended Tax Return

Tax season is over and you might think that you can rest easy now that your return has been filed but that's not always the case. Sometimes…

Personal Finance Tips for Young Adults

As a young person, considering anything finance-related can seem light years away. In reality, knowing how to manage your finances and plan…

Taxes & Recordkeeping For Uber, Lyft & Other Rideshare Drivers

The rise of the sharing economy brings about a great deal of tax concerns, whether you rent out your home on Airbnb or pick up groceries on…

Frequently Asked Questions about Healthcare and Your Taxes

Because of changes initiated by the Affordable Care Act, your healthcare costs during the year now affect your taxes more than they ever…

The Honest Taxpayer’s Guide to Settling Tax Debt

We pay our federal income taxes through a voluntary pay-as-you-go payroll deduction, or through a system of quarterly estimated payments to…

Quarterly Estimated Taxes: What they are, What they are for, and Why you may need to pay them

Estimated taxes are commonly paid by those who are self-employed or have unconventional income, such as income from stocks and bonds. Those…

February Student Special from Dukhon Tax!

It’s tax season again and one of our firm’s favorite things during this time of year is to give a little something special to Boston’s…

Tax Planning for Business Sales and Purchasing

Whether you're selling or purchasing a business, conscientious tax planning is essential. Whenever a business is transferred, there are tax…

Healthcare Tax Issues on the Rise

There are a number of tax issues surrounding healthcare that have recently taken center stage. The state of Colorado has proposed, and…