Tag Archives: Tax-time

Changes to Employee Benefits

Posted on April 16, 2018 by Camron Hoorfar

Under the Trump tax plan, employees can no longer deduct unreimbursed employee expenses.  In addition, moving expenses that are reimbursed are now taxable. If you have a tax problem, contact our law office at 816-524-4949 or visit our website at … Continue reading →

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Tax Deductions Go Away

Posted on April 10, 2018 by Camron Hoorfar

Under the Trump tax plan, taxpayers will no longer be able to deduct the interest paid on home equity loans and will only be able to deduct mortgage interest paid on debt up to $750,000.  In addition, taxpayers will no … Continue reading →

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Health Care Penalty to Go Away

Posted on April 6, 2018 by Camron Hoorfar

Starting in 2019, the penalty for not having health insurance will go away.  The penalty came about under the Affordable Care Act. If you have a tax issue and need assistance, contact our law office at 816-524-4949 or visit our … Continue reading →

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2017 Tax Season Starts January 29

Posted on January 19, 2018 by Camron Hoorfar

The IRS has stated that it will begin accepting tax returns on January 29, 2018.  The tax deadline to file your 2017 income tax returns is April 17, 2018.  Tax refunds are expected to begin being paid out around the … Continue reading →

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IRS Accepting Returns this Month

Posted on January 10, 2018 by Camron Hoorfar

For the 2017 tax year, the Internal Revenue Service will be accepting tax returns beginning January 29, 2018.  The Internal Revenue Service will be issuing tax refunds for the earned income credit on February 27, 2018.  The last day to … Continue reading →

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Tax Tips for the 2017 Tax Year

Posted on December 6, 2017 by Camron Hoorfar

Here are a few end of the year tax tips for 2017 before the new year: Take steps to accelerate your deductions Maximize your retirement contributions Bulk up your estimated tax payments Meet with your tax adviser If you are … Continue reading →

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Upcoming Tax Deadlines

Posted on November 13, 2017 by Camron Hoorfar

Here are some upcoming tax deadlines to be aware of: March 15, 2018 – Partnership tax filing deadline S Corp. tax filing deadline April 17, 2018 – Individual tax filing deadline IRA contribution deadline C Corp. tax filing deadline If … Continue reading →

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Things To Do with Your Income Tax Refund

Posted on March 21, 2017 by Camron Hoorfar

Each year, around this time, you may be getting a tax refund.  Instead of spending it on a big screen TV or a new IPhone, here are a few other things to spend your refund on: Start a savings account … Continue reading →

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Unclaimed Tax Refunds Reaches $1 Billion

Posted on March 20, 2017 by Camron Hoorfar

The IRS has recently announced that the amount of unclaimed income tax refunds now totals more than $1 billion.  The IRS estimates that 11,100 people in Kansas are due a refund with the average refund being $746.  The IRS estimates … Continue reading →

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IRS Accepting Returns that Skip the Obamacare Health Tax

Posted on March 13, 2017 by Camron Hoorfar

Pursuant to President Trump’s executive order, the IRS will be accepting income tax returns that do not complete the requirement to report your health insurance on your income tax return.  However, the IRS has stated that it can, and may, … Continue reading →

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