Insights by Author: Abel Barragan

Expanded Sec. 152 for Dependents

September 10, 2019

The Tax Cuts and Jobs Act broadened the Child Tax Credit and introduced some big changes…

The Impact of Tax Reform on Alimony

August 17, 2018

The Tax Cuts and Jobs Act has turned the tax code upside down on alimony, especially…

IRS Releases 2018 Pension Plan Contribution Limits

December 21, 2017

A new year brings new changes. The Internal Revenue Service recently announced updated pension plan contribution…

A New Twist on an Old Scam

September 28, 2017

As many are aware, tax scams are on the uptick. What you may not know is…

Construction Companies Go Green

June 9, 2017

The construction industry has discovered that greening its energy sources with renewable energy initiatives is good…

New Deadline and Increased Penalties for Forms 1099 and W-2

December 9, 2016

The IRS is getting stricter on filing deadlines for information returns and have increased penalties for…

IRS Announces Various Tax Benefit Increases for 2016

December 29, 2015

For tax year 2016, the IRS recently announced many annual inflation adjustments. IRS Revenue Procedure 2015-53…

Advantages of a Cost Segregation Study

Whether putting up a new building or renovating an existing one, companies are discovering that they ...
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Pass-Through Entity Updates Webinar

We have been closely following the new filing requirements being issued from the IRS, as well ...
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Tax Alert Webinar: Find Out What the New IRS Guidance and CA Tax Law Changes Mean for Your Business

Thursday, March 3 1:00pmLive Webinar   SIGN UP NOW   Are you curious about…how California's recently ...
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Important Changes to California’s Elective Pass-Through Entity Tax

California recently revised its SALT cap workaround to be more appealing for qualifying owners of S ...
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What You Need to Know About the Child Tax Credit and Economic Impact Payment Notices

Many taxpayers have already received IRS Letters 6419 and 6475 containing details about their 2021 advance ...
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Employees in Other States? Here are the Top Tax Implications to Consider

Return-to-office plans remain in a state of limbo as some employers find that a remote work ...
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How are Trusts Taxed?

three generation happy asian family walking outdoors in park A trust can be a powerful estate-planning ...
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Tax Breaks for the Elderly

Getting older has its perks, including tax breaks. Your income threshold for filing a tax return ...
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IRS Announces 2022 Limits for Retirement Plans

The IRS has announced the new retirement plan numbers for 2022.Retirement limits for 401(k) and similar ...
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What Papers do You Need to Save?

Sometimes it feels good to get rid of clutter, especially this time of year when the ...
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DOL Reveals Key Change for Tipped Workers

Employees in occupations where gratuities are common, such as restaurant waitstaff, have long fallen into a ...
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Section 174 Research Deduction Changes for 2022

Have you been deducting your R&D expenses as they occur? Starting in the new year, that ...
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