In this Issue:
- New Year, New Job: Five Tax Tips for Job Changers
- Save more in 2018: Retirement contribution and Social Security limits on the rise
- A Happy Holiday Traditions Quiz
- Credit Card Transactions Could Pose Audit Risk: What small businesses need to know
- December 12th: Hanukkah Begins
- December 25th: Christmas Day
- December 26th: Kwanzaa Begins
- January 16th: 4th Quarter Estimated Payments Due
- Take final year-end actions:
• Deductible gifts
• Capital gains/losses
• Charitable giving
• Dividend income
After an eventful year, we all deserve a happy holiday season and hopefully some well-needed relaxation. While tax reform will continue to be debated, many preliminary figures for 2018 are set. Check out the details inside. The economy and job market have continued to improve, which means you may be considering new work. If you are planning on a change, look at the tax checklist for job changers. Or, if you work for yourself and take credit cards as payment, learn about the new IRS focus on those small business payments.
Looking for something to talk about at the next family gathering? Consider sharing the quiz regarding the sometimes strange origins of popular holiday traditions.
As always, should you know of someone who may benefit from this information please feel free to forward this newsletter to them.