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Tag Archive

Below you'll find a list of all posts that have been tagged as “#taxdeductions”

Home Tax Deductions

Melissa Clary August 21, 2018 Tax, Tax Savings Strategies 0 Comments

Home Tax Deductions “Mortgage Interest” – New tax law imposes a lower dollar limit on mortgage qualifying for home mortgage interest deduction.  Starting this year taxpayers may only deduct interest on $750,000 of qualified residence loans.  This is down from …

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#mortgage#mortgageinterest#propertytaxes#tax#taxdeductions#taxpayers

Check Paycheck Tax Withheld – Avoid Surprises

Melissa Clary August 21, 2018 Tax 0 Comments

The passage of the Tax Cuts and Jobs Act, which will affect 2018 tax returns. Checking withholding amounts is important. These tax law changes include: • Increased standard deduction • Eliminated personal exemptions • Increased Child Tax Credit • Limited or discontinued certain deductions …

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#IRS#tax#taxcredit#taxdeductions#taxreturns#w4#withholding#withholdingallowance

Business Owners May Get Tax Deduction

Melissa Clary August 21, 2018 Tax, Tax Savings Strategies 0 Comments

Many owners of sole proprietorships, partnership, trusts and S corporations could get to deduct up to 20 percent of their qualified business income.  The new tax deduction for owners is referred to as Section 199A deduction which was created by …

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#financialservices#owners#tax#taxableincome#taxdeductions#taxpayerscapital

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Key2 Accounting Fort Collins
375 E. Horsetooth Rd. #2-101
Fort Collins, Colorado 80525
Phone: (970) 682-6600
Key2 Accounting Kapolei
590 Farrington Highway #529
Kapolei, Hawaii 96707
Phone: (808) 200-1141

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