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Archives for Tax

Is it Deductible? Tax Year 2019 Edition

In our very long and complex tax code, tax deductions come in all shapes and sizes, and have a lot of sticky rules attached to them. For example,┬ábusiness expenses must be ordinary (common and accepted in an industry) and necessary…

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Review Your 2018 Tax Return

On December 19th 2019 Congress passed the Further Consolidated Appropriations Act of 2020. A portion of the Act extends certain tax provisions and provides tax incentives related to the 2018 tax year, making them retroactive, extending them into 2020 and…

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