The Wayfair Decision

Historically, the U.S. Supreme Court said that physical presence was needed in a state in order for that state to impose a sales tax collection responsibility on a business.  Physical…

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Tax Odds & Ends

A few tax odds and ends for you to be aware have changed. Contributions to Higher Educational Institutions For contributions made in tax years after 2017, no charitable deduction is…

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Scam Alert!

The IRS has indicated that there has been a substantial increase in a phishing email scheme. The scheme involves direct deposit payroll and wire transfers. There may be and probably…

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Home Mortgage Interest

Current Law (2017 tax year) Qualified residence interest means interest paid or accrued during the taxable year on either acquisition indebtedness or home equity interest. A qualified residence means the…

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