We are closely watching Congress for a new tax reform bill and for changes to a health care bill, which would also have tax implications. House Speaker Paul Ryan recently stated in a speech that tax reform talks among the so-called “Big Six” are nearing a consensus. He mentioned specifically that business tax reform would include accelerated expensing. Also, Ryan stated that a reduction of the corporate tax rate to 20% is “very realistic.” The “Big Six” includes Paul Ryan, Se

Welcome to the 200th edition of Tax Tip Tuesday! This week we are going to address tax scams from a different angle based on a couple comments from our clients. We've been adamant about keeping you up-to-date on the latest tax scams, so many of you are aware of various signs that something is a scam. But your family members, who don't read this blog, might not be. Please talk to your grandparents, parents, and kids about the following signs of a scam. Scammers are very good a