We here at J. RUSSELL JEFFERSON, CPA feel that an informed client is our best customer. We know that there is a lot of information on the Internet and it can be tough to determine what is valuable. That is why we have selected the following advisories and/or article(s) for you to view.
New Tax Act Contains Tax Breaks; Adds Revenue Raisers The new Tax Increase Prevention and Reconciliation Act (TIPRA) retroactively extended a number of popular tax breaks, added several new tax breaks, and included a number of revenue raisers.
Potential Double Benefit from a Tax Deduction For most taxpayers, the amount of federal income tax they pay each year often depends upon where they fall in the federal income tax brackets and on the breakdown of their taxable income between ordinary (e.g., wages) and capital gains from the sale of assets (e.g., common stock).