Insight

ACA Reporting Requirements for Employers

ACA Reporting Requirements for Employers

ACA Reporting Requirements for Employers The health care law contains tax provisions that affect employers. Two parts of the Affordable Care Act apply only to Applicable Large Employers (ALE). These are the employer shared responsibility provisions and the employer...

What’s New for the 2020 Tax Filing Season

What’s New for the 2020 Tax Filing Season

What's New for the 2020 Tax Filing Season While the 2020 tax filing season promises to be less confusing than 2019, there are still a number of changes that taxpayers should be aware of. New, Revised or Updated Tax Forms Form 1040: Revised and Redesigned The IRS...

Tax Breaks for Taxpayers Who Itemize

Tax Breaks for Taxpayers Who Itemize

Tax Breaks for Taxpayers Who Itemize Many taxpayers opt for the standard deduction because it is easier, but sometimes itemizing your deductions is the better choice - often resulting in a lower tax bill. Whether you bought a house, refinanced your current home, or...