Tax Alerts


All Eyes on Tax Reform in 2017

Monday, January 30, 2017

Congress ended 2016 by passing a few targeted tax bills, and lawmakers focused on the incoming Trump administration and tax reform in 2017. President Donald Trump campaigned on tax cuts for individuals and businesses. Already, lawmakers from both sides of the aisle are preparing for what is expected to be spirited debate over tax cuts […]

Filing Season Launched on January 23; Some Refunds May Be Delayed

Monday, January 30, 2017

The individual income tax filing season opened on January 23, 2017. The IRS reminded taxpayers that the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) may impact certain refunds in 2017. Filing season launch The IRS will begin accepting electronic tax returns and processing paper returns on January 23, 2017. Unlike past years, […]

Tax Return Deadlines Change in 2017

Monday, January 30, 2017

The Surface Transportation Act of 2015: Tax Provisions (enacted on July 31, 2015) provided for major changes in certain tax return deadlines. To allow for a transition period for taxpayers to adjust to the new due dates, the new filing deadlines carried a delayed effective date for tax returns for tax years starting on or […]

Know What Records to Discard

Monday, January 30, 2017

A new year may find a number of individuals with the pressing urge to take stock, clean house and become a bit more organized. With such a desire to declutter, a taxpayer may want to undergo a housecleaning of documents, receipts and papers that he or she may have stored over the years in the […]

Some Obama Healthcare Provisions Could Continue Temporarily After the Repeal

Monday, January 30, 2017

It is possible that the repeal of the Patient Protection and Affordable Care Act (ACA) and its associated taxes could come quickly, but changes may not be effective until 2018 or later, a Republican member of Congress said. At the same time, Democrats in Congress continue to urge reforms and improvements to the ACA. The […]