When you are the chosen trustee for your parent’s trust, many different actions need to be taken when your parent passes away. These include organizing their accounts, paying their bills and figuring out how to distribute the assets per the … Read More
Marcia Campbell | Certified Public Accountant The 2018 filing season for 2017 tax-year returns officially launched on January 27. On the other end of the filing season, taxpayers have two additional days to file their 2017 returns: the traditional April … Read More
Marcia Campbell | Certified Public Accountant Much-anticipated withholding tables for 2018 have been posted by the IRS. While the new withholding tables are designed to work with existing Forms W-4, the agency encouraged taxpayers to use its online withholding calculator … Read More
Marcia Campbell | Certified Public Accountant President Trump signed legislation on January 22 to delay the medical device excise tax, the health insurance provider fee and the excise tax on high-dollar health plans. All three taxes were delayed in … Read More
Marcia Campbell | Certified Public Accountant The Tax Cuts and Jobs Act did not directly change the tax rate on capital gains: they remain at 0, 10, 15 and 20 percent, respectively (with the 25- and 28-percent rates also reserved for … Read More