by The MDTAXES Network | Feb 6, 2019 | 2019 February newsletter
How can you make filing your taxes as an independent contractor as easy as possible? How will tax reform affect your locum tenens career in the years to come? Our very own Andrew Schwartz has authored a locum tenens tax guide for Barton Associates and recently...
by The MDTAXES Network | Feb 1, 2019 | 2019 February newsletter
Month Income Taxes Saving and Investing FEBRUARY Get a jump on your tax prep and call by 2/28/19 to set up an appointment Organize your tax information Try to have holiday credit card balances paid off by...
by The MDTAXES Network | Feb 1, 2019 | 2019 February newsletter
The most recent government shutdown has come to an end, but there is a very good chance another shutdown could begin in less than three weeks, Below is information provided by the IRS about which of their services are impacted during a shutdown. Please plan ahead...
by The MDTAXES Network | Feb 1, 2019 | 2019 February newsletter, General
You have been paying into Social Security for all of your working life, and now it’s time to get your money back. However, the Social Security system is full of arcane rules, secrets, and claiming surprises. This webinar will help you learn the basics to help...
by The MDTAXES Network | Feb 1, 2019 | 2019 February newsletter
Is one of your New Year’s resolutions trading in your current automobile for a new environmentally friendly vehicle? One of the more popular “green” vehicles available for purchase has been a Tesla. The purchase of a qualifying Tesla made prior to...
by The MDTAXES Network | Feb 1, 2019 | 2019 February newsletter
The newly enacted Tax Cuts and Jobs Act of 2017 (TCJA) both simplified and complicated many of the tax rules beginning with the 2018 tax filing season. One of these changes, new rules with regard to taxpayers’ mortgage interest deduction, on the surface seems simple...
by The MDTAXES Network | Jan 16, 2019 | 2019 January Newsletter
On January 15, 2019 the government invoked the Lapsed Appropriations Contingency Plan (Tax Year 2018 Filing Season). This is a plan that is updated annually and which outlines procedures for the IRS to follow when there is a temporary lapse in appropriations. As...
by The MDTAXES Network | Jan 10, 2019 | 2019 January Newsletter
Although most Americans have not felt the impact of the recent government shutdown, now closing in on three weeks in length and making it the second longest shutdown in US history, this impact may soon change as tax filing season is less than a month away. With the...
by The MDTAXES Network | Jan 3, 2019 | 2019 January Newsletter
• For 2018, the standard deduction for a single individual is $12,000 and for a married couple is $24,000. A person will benefit by itemizing once allowable deductions exceed the applicable standard deduction. Itemized deductions include state and local income taxes...
by The MDTAXES Network | Jan 3, 2019 | 2019 January Newsletter
WASHINGTON – The Internal Revenue Service today issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2019, the standard...
