Federal Tax News

Employers may receive “no match” letters soon. The Social Security Administration (SSA) announced it will be sending out the letters this spring. The notices will be sent to businesses and employers that submit W-2 forms containing name and Social Security […]

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3 Favorable TCJA Changes for Businesses

  The Tax Cuts and Jobs Act (TCJA) contains several provisions that will lower federal income taxes for businesses. Here’s an overview of three pro-business changes.  1. TAX RATE CHANGES The TCJA permanently reduced the corporate federal income tax rate […]

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Could Medicare Premiums Lower Your Taxes?

Health care is a top concern for many Americans, especially people who are age 65 and older. While these individuals qualify for basic Medicare insurance, they may need to pay additional premiums to get the level of coverage they desire.  […]

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