For those having their wages levied by the IRS, the levies are sent to the tax debtor’s employer via Form 668-W, Notice of Levy on Wages, Salary, and Other Income. This form contains six parts. Prior to the Tax Cuts and Jobs Act (TCJA), the employer was required to give the employee the Statement of […]
Feeling the urge to purge? Summer’s coming, so it’s likely you’re wrapping up your spring cleaning before your summer fun begins. April 17, 2018 was the deadline for individuals and C-corporations to file their federal income tax returns for 2017 (or to file for an extension). Before you throw out your old financial records, however, […]
On December 22, 2017, President Trump signed the new tax reform bill, the Tax Cuts and Jobs Act, into law. This new tax law brought big changes for both individuals and companies. In general, the changes to individual provisions expire at the end of 2025, but the corporate changes are permanent. While new the new […]
It’s already starting to feel like summer here in Florida, but the forecast for Washington, D.C. remains unclear as officials continue to discuss various tax-related issues. No matter what happens, don’t get stuck in a holding pattern yourself. You’ll find it’s worthwhile to give some attention to business and personal tax planning this summer. Here […]
In honor of Financial Literacy Month, we’d like to talk about one of the biggest issues facing many Americans today. It’s no secret that today’s college students often leave school with mountains of student loan debt. There are multiple ways to be relieved of student loan debt, including the debt being paid off as a […]