by Tiffany Mellow | Aug 1, 2018 | Business Taxes
The 2018 IRS Forum was a valuable source of information regarding the upcoming tax filing season. Among the many tidbits I gleaned were issues of IRS concern relating to small businesses. The IRS has announced they are going to scrutinize such things as: personal use...
by Tiffany Mellow | Jul 25, 2018 | Business Taxes, Non-Profit Taxes, Personal Taxes
Last week I spent three fantastic days at the IRS Nationwide Tax Forum! Many new tax laws and changes to the tax forms are slated for the next filing season. The amount of new information, procedural changes and tax form modifications discussed was at times,...
by Tiffany Mellow | Jul 18, 2018 | General
This week, I will be attending the IRS Tax Forum at the Gaylord Hotel in National Harbor, Maryland. The forum is a special opportunity for Tax Practitioners to attend presentations where the internal processes of the IRS are discussed. This offers insight in to...
by Tiffany Mellow | Jul 11, 2018 | Personal Accounting, Personal Tax Deductions, Personal Taxes
The new tax law will cause many casual gamblers to incur bigger losses than before! Prior to 2018 you could deduct your losses up to the amount of your winnings. You did this by claiming your losses as itemized deductions. The new tax law for 2018 doubles the standard...
by Tiffany Mellow | Jul 4, 2018 | General, Personal Accounting
Do you read the “junk mail” inserts included with your electric bill? If not, you may have missed an opportunity to be paid for recycling your old refrigerator or freezer. From now until July 31, 2018 Potomac Edison is offering a $75 credit for any working...
