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The IRS has announced that this year’s filing season will begin January 29th. Individual returns are due April 17th, 2018. April 15th falls on a Sunday, and April 16th is a holiday in Washington D.C.

The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package.  We have created a newsletter to highlight some of the more important elements of the new law that have impact on individuals and businesses. Read the newsletter here.

Read the BRSW Year End newsletter here.

In a recent Tax Tip published by the IRS, they recommended that taxpayers should do an End-of-Year Withholding Check-up so that an unexpected tax bill is avoided when the taxpayer’s taxes are filed next year. Read the tips here.

Click here to view the BRSW October client email newsletter.

The IRS has provided a helpful guide on gifts to charity, including what a taxpayer must have to claim a charitable deduction on their return, as well as 6 tips regarding donations and written acknowledgements. Read the IRS post here.

Beginning with the 2017 filing season, the IRS will reject returns where the health coverage requirements are not addressed.

In September, we posted an article showing you how to prepare for a disaster in case it would your home or business. As a follow-up to that post, the following link shows tips from the IRS for how to reconstruct records after a disaster. Read the tips here:

This article discusses the new tax reform framework released by Republican lawmakers. Read about it here.

Click here to view the BRSW September client email newsletter.