Article Highlights:
Payroll Taxes
Corporate Officers
Employees of a Corporation
Reasonable Salaries
Factors
Flow-Through Deductions
Wage Limitations
Unlike a C corporation, which itself pays the tax on its taxable…
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Article Highlights:
Income Deferral
Earnings Deferral
Individual Retirement Accounts
Retirement Accounts
Bank Savings
Short- and Long-Term Capital Gains
Education Savings Accounts
Health Savings Accounts
When you…
If you dread every minute of the time you spend on accounting, you should know how QuickBooks Online can change your outlook.
How long would it take you to determine:
What your total expenses for this quarter are?
Whether or not…
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Article Highlights:
• SALT Tax Limits
• State Work-arounds
• Converting Tax Deductions to Charitable Contributions
• IRS Regulations
• Taxpayer Beware
Tax reform has limited the federal itemized deduction for state…
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Article Highlights:
High-Income Professionals
Specified Service Trade or Business
Sec. 199A Deduction
Defined Contribution Retirement Plans
Defined Benefit Retirement Plans
Tax Savings
If you are a high-income professional…
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Original Article by Catherine Morehouse
Oregon Supreme Court approves tax to fund state EV rebates
The Oregon Supreme Court approved the use of a privilege tax to fund the state's Clean Vehicle Rebate Program on Sunday, after AAA…
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Article Highlights:
Selecting a Type of IRA
Missing out on the Saver’s Credit
Taking Distributions before Retirement Age
Failure to Keep Designated Beneficiaries Current
Overlooking the Spousal IRA
Failing to Recognize…
https://www.islernw.com/wp-content/uploads/2018/08/Individual-Retirement-account-advice-1.jpg321845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-08-24 17:43:022018-09-16 23:10:57IRA Missteps to Avoid
Article Highlights:
Parents Attempting to Shift Income to Children
Kiddie Tax
Tax Reform Changes
Tax on Child’s Unearned Income
Tax on Child’s Earned Income
Some years back, it was not uncommon for parents to put…
https://www.islernw.com/wp-content/uploads/2018/08/Children_investment_tax_rules-1.jpg33335000IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-08-24 16:57:212018-09-16 23:11:36Kiddie Tax No Longer Based on Parents’ Tax Rate
The dust has not yet settled from the Tax Cuts and Jobs Act (TCJA), passed into law in December 2017, and the House Ways and Means Committee is already considering another round of tax changes. The committee chair, Kevin Brady, Republican from…
https://www.islernw.com/wp-content/uploads/2018/06/IRS.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-08-18 05:04:312018-08-18 05:04:31Tax Reform 2.0 Is in the Works
The IRS has announced that more than 2 million Individual Taxpayer Identification Numbers (ITINs) are set to expire at the end of 2018. An ITIN is a nine-digit number issued by the IRS to individuals who are required for U.S. federal tax purposes…
https://www.islernw.com/wp-content/uploads/2017/05/accounting_firm_portland_oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-08-15 21:06:112018-08-15 21:06:11Do You Need to Renew Your ITIN?
Reasonable Compensation and S Corporations
Accounting, Business, Finance TipsUnderstanding Tax-Deferred Investing
Investment, Personal Finance, Tax TipsNot Using QuickBooks Online? What You’re Missing Out On
Business, Finance Tips, Personal Finance, Tax TipsSALT Deduction – Battle Lines Have Been Set and Swords Have Been Drawn
Tax News, Tax Tips, TaxesHow High-Income Professionals Can Benefit from the Pass-through Deduction
Deductions, UncategorizedOregon Supreme Court approves tax to fund state EV rebates
2018 Tax Laws, Finance Tips, Oregon, Tax Tips, TechnologyIRA Missteps to Avoid
Finance, Finance TipsKiddie Tax No Longer Based on Parents’ Tax Rate
Business, Economics, Finance, Finance Tips, Investment, Jobs, Personal Finance, Tax Reform, Tax Tips, TaxesTax Reform 2.0 Is in the Works
2018 Tax Laws, Tax ReformDo You Need to Renew Your ITIN?
2018 Tax Laws, Tax News, Tax Reform, Taxes