President Trump’s Tax Plan

President Donald J. Trump’s tax plan proposes to: Reduce income taxes across the board, especially for working and middle-income Americans; Ensure that the rich will pay their fair share, as long as such fair share doesn’t undermine the country’s economy; Reduce the cost of childcare by allowing families to fully deduct the average cost of childcare from their taxes, including … Read More

2016 Income Tax Changes

Income Tax Changes for 2016 Returns: Tax Day is Tuesday, April 18, 2017. Taxpayers claiming Earned Income Tax Credit (EITC), or the Additional Child Tax Credit (ACTC), will have tax refunds held until at least February 15, 2017. This change is required by the Protecting Americans from Tax Hikes (PATH) Act. Under the PATH Act, any ITIN not used on … Read More

Beware QuickBooks Computer Scams

Another current computer scam taking place involves emails that supposedly concerns Quickbooks. The email contains the subject line “Quickbooks Support: Change Request.” The email content asks the recipient to “confirm” that your business name with Intuit, the company that produces and sells Quickbooks, has changed. Do not press the “confirm” button, rather you should hit “cancel.” If you do hit … Read More