Tax Relief For Hurricane Irma Victims: What You Need To Know

By ||Categories: Disaster Relief, Tax Relief, Tips|

In the wake of major disasters, the Internal Revenue Service has been known to grant certain forms of tax relief to help disaster victims recover. Such is the case for the United States and United States territory victims of Hurricane Irma, the Category 5 hurricane that recently devastated many Atlantic islands and much of the Atlantic [...]

Trump’s Offshore Tax Plan May Set Some American Companies Up For A Windfall

By ||Categories: General, Tax Plans|

New tax laws ending global taxation of American companies have been proposed by the Trump administration. This new tax law would greatly benefit multinational American companies, and would especially benefit those who have used certain accounting maneuvers to avoid paying foreign taxes right away. To understand how this tax plan would affect American companies, there are [...]

Tax News: Donald Trump Outlines His Tax Plan

By ||Categories: General, Taxes|

In a speech given in Springfield, Missouri last week, President Donald Trump announced his plans to majorly reform the tax code. So, what is his plan, and what are its proposed benefits? First, let’s look at the details of Trump’s proposed tax changes. The exact outlines of these changes are not available, as the full plan [...]