20% Pass-Through Deduction
What is the Qualified Business Income Deduction? Section 199A of the Internal Revenue Code provides many taxpayers a deduction for qualified business income from a qualified trade or business operated… Read more »
How To Figure Estimated Tax
Individuals, including sole proprietors, partners, and S corporation shareholders, generally use Form 1040-ES (PDF), to figure estimated tax. To figure your estimated tax, you must figure your expected adjusted gross income,… Read more »
2018 Tax Reform
With the 2018 tax bill now in place, many of you will have questions regarding the new tax rates and deductions. As details of the new tax reform emerge, many… Read more »
George Hernandez CPA, P.C. – New Website! HuntingtonAccounting.com
After months of planning and development, George Hernandez CPA, P.C. is proud to unveil our new website. Created by Sean T. Rayburn of Madtempest Holdings, Inc., the new website incorporates… Read more »
2017 Pension Plan Limitations Announced
From Accounting Today: The IRS has released cost-of-living adjustments for the dollar limitations for pension plan contributions and other retirement-related items for tax year 2017. The contribution limit for 401(k)s… Read more »
U.S. prosecutors investigate Brixmor accounting issues
From Reuters: Federal prosecutors have opened an investigation related to shopping center owner and operator Brixmor Property Group Inc’s (BRX.N) disclosure earlier this year that accounting personnel had manipulated its… Read more »