by briesterer@thinkvisionary.com | May 4, 2019 | Newsletter
Credit for Plug-in Electric Vehicles Winds Down The tax credit available for purchasers of new General Motors plug-in electric vehicles begins phasing out on April 1, 2019. The phaseout was triggered because General Motors, LLC has sold more than 200,000 vehicles...
by briesterer@thinkvisionary.com | Apr 3, 2019 | Newsletter
Six Tips for Last-Minute Tax Filers Earlier is better when it comes to working on your taxes but many people find preparing their tax return to be stressful and frustrating and wait until the last minute. Complicating matters this year is tax reform and the newly...
by briesterer@thinkvisionary.com | Apr 2, 2019 | Newsletter
The Qualified Small Business Stock Exclusion As the driving force in today’s economy, small businesses benefit from numerous tax breaks in the tax code. One of these, the Qualified Small Business Stock (QSBS), was made permanent by the PATH Act (Protecting...
by briesterer@thinkvisionary.com | Apr 1, 2019 | Newsletter
Refundable vs. Non-Refundable Tax Credits Tax credits can reduce your tax bill or give you a bigger refund, but not all tax credits are created equal. While most tax credits are refundable, some credits are nonrefundable, but before we take a look at the difference...
by briesterer@thinkvisionary.com | Mar 31, 2019 | Newsletter
Fraud Alert: Fake calls from Taxpayer Advocate Service Like clockwork, every year, there’s a new twist on old scams. This year, it is the IRS impersonation phone scam whereby criminals fake calls from the Taxpayer Advocate Service. The TAS is an independent...