February 2019 | Jacobson Lawrence & Company, formerly Rue & Associates

Monthly Archive

28
Feb

Deducting Business Use of a Vehicle

If you use the car for both business and personal purposes, you may deduct only the cost of its business use. You can generally figure the amount of your deductible car expense by using one of two methods: the standard …

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23
Feb

The Rules of Credit Card Rewards and Taxes

Whether or not credit card rewards are taxable depends on how you earned them. Here’s a look at the rules surrounding rewards and taxes. Earning points, miles and cash back: If you have a credit card that offers 2 percent back …

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21
Feb

US Corporate Tax Rates Compare Globally

The tax reform package that became law late last year had substantial impacts on American taxpayers. Major changes to the standard deduction, various credits and itemized deduction provisions, and individual tax rates left many people confused about whether they’d end up …

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19
Feb

High-Income Retirees Tax Rates May Be Higher Than Expected

Though high-income retirees are looking forward to lower taxes once they’ve exited the workplace, they can still expect to pay stealth taxes in the form of Social Security income levies and higher Medicare premiums. Their tax bracket may go from …

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16
Feb

How much taxes will I owe on stocks sold in 2018?

The answer depends on a few factors. Specifically, what type of account are the stocks in, how much will you profit from the sale, how long have you owned them, and did they pay you any dividends before you sold …

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15
Feb

Rue & Associates Launches Tax Problem Resolution Unit

Additional Job Opportunities for Area Professionals Expected Richmond, VA, February 14, 2018 – Greater Richmond, Virginia-based tax, accounting and consulting firm, Rue & Associates, Inc., announces the launch of its new tax problem resolution (TPR) unit, Tax Help US.  Recently …

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