DiSabatino CPA Blog
Third-quarter interest rates stay the same
The IRS has released the interest rates on tax overpayments and underpayments for the third quarter of 2018.
A U.S. Supreme Court ruling last week involving the state of South Dakota vs Wayfair (an online furniture retailer) opens the door for states to impose sales taxes on online retailers located outside their borders.
This will have wide-reaching effects on small businesses and consumers. Here’s what you need to know:
Consider creating an accountable plan
Now that itemized deductions have been suspended through 2025, employees can no longer deduct unreimbursed business expenses.
The IRS is more strictly enforcing rules that determine whether a worker is actually your employee, rather than an independent contractor. Beware: you have many extra tax responsibilities and expenses if you are an employer in the eyes of the IRS.
A new twist on an old taxpayer scam
Scammers have come up with a new way to steal personal and financial information from non-resident aliens and international taxpayers.
Are you a seasonal worker? Check your withholding!
Even if you only work during the summer and fall, you still need to check your tax withholding for 2018.If you have problems getting to sleep at night and you turn to the IRS tax code for help, you might find some vocabulary that is very foreign to you. One of the more uncommon words used by the IRS is the term "contemporaneous." So what does it mean and why should you care?
Don't forget your midyear tax-planning
Can you believe 2018 is already half over? If you haven't thought about your 2018 tax situation yet, it's time to do so.
Don't let the warm weather go straight to your head. Make a point to review your tax plan and make effective changes while you still can this year.
If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using Form 1040-ES. The second quarter due date is now here.
Do you feel like your credit card spending is out of control? Follow these six ways to lead you off the path of financial catastrophe.
The savings limits for the ever-popular health savings accounts (HSA) are now set for 2019. The new limits are outlined here with current year amounts noted for comparison.
If you're thinking about divorce, you should also be considering what tax filing status you should choose. Here's why.
As a busy working parent, you may be concerned about what activities are available for your kids this summer. There may be a solution that’s also a tax break: summer camp!
Using the Child and Dependent Care Credit, you can be reimbursed for part of the cost of enrolling your child in a day camp this summer.