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Below are highlights of some of the most significant changes affecting individual and business taxpayers. Many business owners wonder whether they can offset AMT liability with NOLs just as they can offset regular tax liability.

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casuall Because withholding is Xdatingusa to have been paid ratably throughout the year, this is often a better strategy than making up the difference with an increased quarterly tax payment, which may trigger penalties for earlier quarters. Easing the burden An adult-dependent exemption is just one tax break that you may be able to employ on your tax return to ease the burden of caring for an elderly parent. If the IRS requests an in-person interview regarding the audit, we can accompany you — or even appear in your place if you provide authorization.

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