Month: December 2016

Athletes Could See Big Tax Savings With Trump Proposals

It’s no secret that Donald Trump’s proposed tax plans would definitely benefit the nations’ wealthiest individuals. The president elect has made it clear he wants to overhaul our country’s tax system and his stated proposals indicate that the wealthy will

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IRS Announces New Inflation Adjustments for 2017

While the 2016 tax year is still not quite over, the IRS has already announced some important inflation adjustments for the 2017 tax year, which taxpayers will file for in 2018. While you might be more worried about your upcoming

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Tax Tips for Entrepreneurs

If you’re looking to start a new company in the coming year then you certainly have a lot on your mind, not the least of which is how you will get started, what will you do to market your company

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IRS Changes Deadlines for 1099 Forms

It’s almost January. Are you ready for taxes? Of course, Form 1099s are an important part of any tax season, and this coming year will be no different. As a taxpayer, if you receive any kind of Form 1099 don’t

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Which Stocks Stand to Gain From Trump Victory?

News of Donald Trump’s victory on November 8th sent shockwaves around the world and initially sent the stock market down. However, the market has since stabilized and reports of a major decline have not panned out. Of course, the stock

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Another Federal Tax Record Set in October

As the year winds down and we look ahead to another tax season, the Federal Reserve is looking at another record tax collection in October. According to the latest numbers released in the Monthly Treasury Statement, October set an all

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Top Tech Issues to Watch With Trump

Now that Donald Trump is set to become the nation’s 45th president, there is a lot of talk about his proposed tax policies and how they will affect taxpayers from all walks of life. Taxes are of course a huge

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