The IRS and the Treasury Department have unveiled a new postcard-sized version of the Form 1040, planning to replace the current 1040, 1040A and 1040EZ for the next tax season. According to the Internal Revenue Service they removed everything except for the strictly necessary information, and placed it on supplemental schedules. The new 1040… Read More
School starts in August and with it come all of the shopping trips – new school clothes, school supplies, new computers, and a host of other things. Imagine a world where for just a few days there was no sales tax. Think about how much money you could save. Well, you are getting your wish!… Read More
Sound fiscal management and a strong economy have resulted in a state budget surplus of almost $400 million for the State of Wisconsin. Governor Walker and the State Legislature have determined that some of the surplus should be returned to the taxpayers in the form of a Child Sales Tax Rebate. It is a $100… Read More
Tax season is always a busy time for scammers trying to gain access to sensitive information, but this year attacks are coming earlier and in greater numbers than usual. The uptick has caused the IRS to release an urgent alert warning employers to be on the lookout for what they’re referring to as “one of… Read More
This is the question that all Americans are asking right now, and to be honest we don’t know for sure. However, there are some things that you can do to protect yourselves in 2018. Personal Exemptions We are quite confident that the personal exemptions will be going up. While this is a good thing, it… Read More