2019 Standard Deduction

The Tax Cuts and Jobs Act suspended personal exemptions for 2018–2025, but roughly doubled inflation-adjusted standard deduction amounts. For 2019, […]

The IRS is reminding taxpayers that like-kind exchange tax treatment is now generally limited to exchanges of real property. Effective […]

The IRS continues to warn taxpayers that they may be at risk for receiving a surprise tax bill due to […]

Do you have questions about your 2018 tax return? The IRS has launched a webpage titled “Tax Reform,” with links […]