Tax Topics
From time to time we will post tax topics here for our clients related to accountancy, changes in tax law, links to IRS forms and other sites, etc.Updated: January 19, 2023
Alternative Minimum Tax (AMT)
Updated: January 16, 2022
Barter Income
Updated: January 19, 2023
Charitable Contributions (you must have a receipt!)
Updated: January 19, 2023
Child Tax Credit and Additional Child Credit
Updated: January 16, 2022
Dependent Credits
Posted: January 14, 2020
Direct Pay
Updated: January 16, 2022
Education Benefits
Updated: January 19, 2023
Electronic Filing (efiling)
Updated: January 19, 2023
Estate tax
Updated: January 19, 2023
Estimated Tax Payments
Updated: January 19, 2023
Extension - Extra Time to File Your Tax Return
Posted: January 12, 2019
Foreign account reporting (FBAR, due April 15 each year, automatic 6-month extension to October 15)
Updated: January 19, 2023
Household Employees
Posted: January 6, 2017
Identity Theft
Updated: January 19, 2023
IRA Contributions
New: January 14, 2022
IRS Account (Yours)
Posted: January 6, 2017
IRS Notices
Posted: January 6, 2017
IRS Privacy Requirements and Disclosure page
Posted: January 14, 2021
Itemized Deductions and Exemptions (Phase out is gone again)
Updated: January 19, 2023
Medical Expenses
Updated: January 19, 2023
Mileage Rates
Posted: January 12, 2019
Mortgage Interest
Posted: January 6, 2017
Net Investment Income Tax, 3.8%
Posted: January 6, 2020
QUALIFIED BUSINESS INCOME (QBI)
Posted: January 19, 2023
Residential Energy Efficient Property Credit
Posted: January 6, 2017
ROTH IRA Conversion (Traditional to Roth)
Updated: January 19, 2023
Sales Tax Deduction
Posted: January 14, 2021
SMARTVAULT (SECURE UPLOAD AND TAX DOCUMENT STORAGE)
Updated: January 19, 2023
Standard Deduction
Posted: January 6, 2017
Substantiation Requirements - Receipts and Mileage logs
New: January 16, 2022