The Tax Cuts and Jobs Act (TCJA) of 2017 generally disallowed all deductions for business entertainment, amusement, and recreation. However, the TCJA did not specifically turn thumbs up or down on the deductibility of business meal expenses. Under the old law, business meals were partially tax deductible, but some questioned whether that was still theRead more about IRS Says Business Meal Deductions Still Apply[…]

The start of each year might be considered “Double IRA” season. Until mid-April (the 15th, in 2019), you can still make contributions to an IRA for 2018, if you have funds you’d like to save for retirement. Most workers and their spouses may each contribute up to $5,500, or $6,500 for those who were 50Read more about Double IRA Season is Here[…]