Another tidbit buried in the new tax law is an excise tax on beer, effective 1/1/2018. Now before you go all Boston Tea Party on this, read further. Under the new law, there is to be an excise tax on beer at the rate of $16 per barrel. This applies to domestic and imported [...]
The new tax law has a lot of stuff in it, some of it very complex and yet to be fully fleshed out. One provision that has received much press and dialog is the cap on state and local tax (SALT) deductions for individuals at $10,000. This provisions has elicited much wailing and [...]
January 17, 2018 On October 16th the Internal Revenue Service (IRS) announced that Orange County was added to the list of counties included in the federally declared disaster area related to the wildfires that took place in October. The declaration allows for postponement of certain deadlines falling on or after October 8, 2017 and before [...]
