At Glass Jacobson, our tax preparation team is always looking for ways to save our clients money. If you live in Maryland, you may not be aware of the student …
New Tax Laws Are Impacting Homebuyers as They File Their Tax Returns
Are you a recent homebuyer preparing your 2018 taxes? You’ll definitely want to know about some important tax law changes that have come into effect since the last time you …
New Bill Gives Virginia Taxpayers Significant Tax Breaks
Legal changes resulting from the Tax Cuts and Jobs Act of 2017 meant that Virginia taxpayers were expecting their tax liability to increase for 2018, at least on state taxes. …
How the New Tax Law Will Impact Your 2018 Taxes
As usual, the New Year starts with getting ready for tax season. This year there are drastic changes in the way federal income taxes are calculated – thanks to the …
Avoid An Underpayment Penalty: Don’t Be Blindsided by a Higher Tax Liability
The Tax Cuts and Jobs Act has lowered the amount of money that most Americans owe in taxes. Because of this, the IRS has changed the withholding tables to reflect …
Charitable Giving Tips in Light of the New Tax Law
In this post we’ll discuss how to maximize your charitable giving deduction in view of the new tax law. The new tax law increases the standard deduction for individuals and …
