Posts by Noel B. Lorenzana, CPA

What Tax Reform Means for You

The Senate and the House of Representatives have passed the Tax Cuts and Jobs Act, which contains many provisions that likely affects you. Keep in mind that all changes affecting individuals expire after 2025, and would then revert to current law. Between now and then, expect continued changes as

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What You Need to Know About Tax Reform

The Senate and the House of Representatives have passed separate versions of the Tax Cuts and Jobs Act lauded by President Trump. This leaves us with two tax reform bills that need to be reconciled before being sent to the president for final approval. Most sources expect…

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Five Year-End Tax Strategies for 2017

The end of the year is fast approaching and now is the time to start your tax planning. The good news is that no major tax law changes took place this year. However, taxpayers may see some changes next year, as President Trump has tax reform as one of his top priorities. Here are five…

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5 Worthless Tax Changes for 2017

The U.S. Tax Code is constantly changing and 2017 brings 5 worthless tax changes that you may want to remember when filing your taxes. Keep in mind these tax changes affect the tax preparation you will do in 2018 for the calendar year 2017.

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