isler northwest, portland

Don’t Toss Those Tax Records Yet!

, ,
Article Highlights: Reasons to Keep Records Statute of Limitations Maintaining Record of Asset Basis  Even though the 2017 tax due date has come and gone, and even though you have filed your 2017 tax return, you may still need…
isler northwest, cpa firm, portland

How to Understand Common IRS Tax Terms

,
Article Highlights Filing status Adjusted gross income (AGI) Taxable income Marginal tax rate. Alternative minimum tax (AMT) Tax Credits Underpayment of estimated tax penalty When discussing taxes, reading tax related…
isler northwest, cpa

Not-Being-Insured Penalty Eliminated

,
Article Highlights: Shared-Responsibility Payment Originated in 2014 Fully Effective in 2016 How It Is Calculated Eliminated in 2019 Note: This one of a series of articles that explain how the various tax changes in the GOP’s…
accountants, isler northwest, portland

Tax Filing Deadline Rapidly Approaching

, ,
Highlights: 2017 balance due payments IRA contributions for 2017 Estimated tax payments for first quarter 2018 Statute of limitation 2018 refunds Just a reminder that the due date for 2017 tax returns is April 17, 2018! There…
portland, accounting firm, northwest

Got student loans? Don’t make this major tax mistake

,
Article by Anna Bahney | Found on CNN If you've been paying off student loans, don't make the mistake of filing your taxes without getting a deduction on the interest you've paid on your loans. "If you're paying 4% [interest] on your loans…
isler, cpa, business advisors, portland

Estate Tax Exemption Doubled under Tax Reform

,
Article Highlights Estate Tax Exemption Unused Exemption Portability Annual Gift Tax Exemption Check Your Beneficiaries Note: This is one of a series of articles explaining how the various tax changes made by the GOP’s Tax…
Living Abroad? Here Is How Tax Reform May Affect You

Living Abroad? Here Is How Tax Reform May Affect You

, ,
If you are an expatriate living abroad, you may be wondering how the provisions of the Tax Cuts and Jobs Act (TCJA) will impact you. This is the most extensive tax change in over 30 years, and although it was touted as tax simplification when…
isler, cpa, business advisors, portland

Can’t Pay Your Taxes by the April Due Date?

, ,
Article Highlights: What to Do If You Can’t Pay Loans Credit Card Payments IRS Installment Agreements Retirement Funds If you aren’t one of those lucky Americans who gets a tax refund from the IRS you might be wondering…
isler accountants, portland

Where Do You Fall In The Tax Pecking Order?

,
Article Highlights: 2015 Overall Filing Statistics Statistics by Adjusted Gross Income Percentile Table Ever wonder where your income puts you in comparison with the rest of the U.S. taxpayers? Each year the Internal Revenue Service…
isler, business advisors, cpa, portland

Cryptocurrencies and Taxes

,
Article Highlights: Virtual Currency Valuation Transactions Character of the Gain or Loss Foreign Currency Transactions Foreign Bank and Financial Account (FBAR) Reporting Payment for Goods & Services Acquiring…