New Limitations On Home Mortgage Interest Expense

Another big change for taxpayers is that Congress has set a new, lower dollar limit on home mortgage interest, and many taxpayers are not aware of this.   Effective Dec. 16, 2017, taxpayers obtaining new mortgages may deduct their mortgage interest applicable up to...

Keeping Up With Tax Law Changes

Recently I was talking to a friend/client that is an engineer. We were discussing some of the tax law changes, that went into affect in the 2018 tax year, and how it will affect his engineering firm.  After we went over some of the tax law changes, he stated “You must...
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