FORESIGHT NEWS


March 3, 2018

CHOOSING TO BECOME AN S CORP

    INCORPORATING AND ELECTING “S” STATUS CAN SAVE YOU MONEY Did you know…if your sole proprietorship or partnership is producing a net profit in excess […]
February 28, 2018

IRS RELEASES UPDATED WITHHOLDING CALCULATOR

  CALCULATOR HELPS TAXPAYERS MAKE SURE THEY HAVE THE RIGHT AMOUNT OF TAX TAKEN OUT OF THEIR PAYCHECKS The Internal Revenue Service released an updated Withholding […]
February 26, 2018

CLAIMING A DEPENDENCY EXEMPTION FOR A PARENT

    ARE YOU SUPPORTING A PARENT Did you know…If you provide over half the support of your parent and meet certain other requirements, you may […]
February 21, 2018

INTEREST ON HOME EQUITY LOANS IS STILL OFTEN DEDUCTIBLE

    YES, YOU CAN STILL DEDUCT THE INTEREST ON YOUR HOME EQUITY LOAN IN SOME CASES The Internal Revenue Service advised taxpayers that in many […]