The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27, 2020, and, among other relief provisions, amends the Internal Revenue Code to provide relief to businesses and individuals....more
4/6/2020
/ CARES Act ,
Charitable Deductions ,
Coronavirus/COVID-19 ,
Federal Taxes ,
Income Taxes ,
Net Operating Losses ,
Retirement Funds ,
Tax Deductions ,
Tax Liability ,
Tax Relief ,
Tax Returns
The Tax Cuts and Jobs Act of 2017 limited the state and local taxes paid deduction available to individual taxpayers to $10,000. The deduction is most notably taken by Oklahomans on their federal tax return to deduct state...more
10/17/2019
/ Charitable Donations ,
Federal Taxes ,
Income Taxes ,
IRS ,
Local Taxes ,
New Rules ,
Property Tax ,
State and Local Government ,
State Taxes ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Planning ,
Tax Returns ,
U.S. Treasury