3 Ways the New Tax Law Will Impact Your Taxes … and When They Take Effect

On 1 April, 2018 By velisabookkeepingIn Accounting, IRS issues, Small Business Taxes

Freelancers and independent contractors will see changes to tax rates and deductions next year, with some mandates still in effect now. The Tax Cuts and Jobs Act was signed into law by President Trump in December, bringing significant changes to U.S. tax law. However, these changes will be rolled out at different times: While some, …

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2017 Tax Season

On 17 January, 2018 By velisabookkeepingIn Personal Taxes, Small Business Taxes

Tax Season Tips 1. Organize your pay stubs, bank statements and W2 and 1099 forms. documents. 2. Keep track of all your expenses, deposits, and transactions throughout the year. 3. Find a professional tax service authorized by the IRS. 4. If you foresee that you may have to pay the IRS. Make a budget plan …

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