Everything’s up to date in Hawley Borough! I have completed all the GDEs that I can and
am up-to-date on all amended returns.
Except for wandering the web for BUZZ, responding to any IRS or state
correspondence, and CPE (I am off today for a class on the GOP Tax Act in
Wilkes-Barre) the rest of June and ALL of July will be (fingers crossed)
TOTALLY 1040 FREE!
* The IRS reminds us that “Tax reform allows people withdisabilities to put more money into ABLE accounts, expands eligibility for Saver’s Credit”.
* And the IRS announces “Tax relief for victims of volcanic eruptions and earthquakes in Hawaii”.
* Nine states have community property laws that govern the ownership of income and property between married persons. These rules can affect the filing of tax returns. Thankfully I have never had to deal with these rules – but if you live in a community property state RECOVER TAX discusses “Community Property Rules for Federal Income Tax Returns”.
* According to FORBES.COM’s TaxGirl Kelly Phillips Erb, it is time
to “Get Ready to Save As State Sales Tax Holidays Begin”.
KPE’s post provides “a quick
peek at states offering taxpayers a break on sales tax for back-to-school items
this year”.
* Speaking of state sales tax, Jean Murray deals with the current
hot business tax topic in “Internet Sales Tax: Who Has to Pay? Wayfair v.South Dakota - What Your Business Needs to Know Now” at THE BALANCE.
* I don’t remember if I mentioned this in an earlier BUZZ, but even
if I did Kay Bell, the yellow rose of taxes, reminds us that “IRS releases draft W-4 to reflect tax law changes” at DON’T MESS WITH TAXES and provides a
good discussion of the proposed changes.
THE FINAL WORD
The phrase “Does A
Bear Shit in the Woods?” - to emphasize the obvious “yes” answer to a question
- has been officially replaced by “Does Trump Lie?”.
TTFN
No comments:
Post a Comment