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March 15, 2019Posted on
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5 Things You Can Still Do that May Impact Your 2018 Tax Return

There are many things you can do to reduce your tax liability each year—making charitable contributions, taking certain business deductions, and so on. But most of those opportunities for your 2018 return ended on December 31st, and the vast majority of deductions have expired. However, there are still a few...
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February 28, 2019Posted on
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5 Reasons to File Your Taxes Earlier in the Year

The tax deadline is still nearly two months away, but waiting for April 15th to file your tax return typically isn’t the best idea. In fact, filing early on in the tax season can offer taxpayers numerous important benefits. Here are just 5 reasons you may want to consider filing...
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February 18, 2019Posted on
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Why Do Utah Families Owe More in Taxes This Year?

When the Tax Cuts and Jobs Act was passed at the end of 2017, most people expected to see a decrease in their tax liability. But in Utah, the majority of households are seeing just the opposite. Many of the things that make the Beehive State unique are also causing...
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February 13, 2019Posted on
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Tax Credits versus Tax Deductions: Which Offers the Greater Benefit?

Tax credits and tax deductions are the two ways that you can reduce the amount you owe in taxes, and even increase the amount you receive in your tax refund. But if you must choose between the two, which one will give you the greatest dollar-for-dollar benefit? How do tax...
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January 28, 2019Posted on
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The IRS Is Waiving Many Penalties for Underpaid Taxes

The IRS recently announced that they are waiving penalties for many taxpayers who paid too little in taxes throughout 2018. According to the notice they shared on the IRS website, this is to help accommodate the major changes to tax laws implemented by the Tax Cuts and Jobs Act enacted...
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