Monthly Archive: January 2020

IRS kicks off official start of tax season

By Michael Cohn January 27, 2020, 10:45 a.m. EST The Internal Revenue Service began accepting tax returns on Monday for this tax season, while the Treasury Inspector General for Tax Administration highlighted the results of last year’s tax season. The IRS…
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Which Expenses are Deductible in 2020

In our very long and complex tax code, tax deductions come in all shapes and sizes, and have a lot of sticky rules attached to them. For example, business expenses must be ordinary (common and accepted in an industry) and…
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