CPA

U.S. stocks fell on Wednesday as the market’s recent rally to new records took a pause.

New Jersey, it seems, is the last place where people want to spend their golden years. Almost 67% of all New Jersey moves were outbound last year, according to a survey from United Van Lines.

Fine-tuning your tax withholding is about to get a little more complicated. The Internal Revenue Service is expected to release a draft of its new Form W-4, the form employees use to adjust the amount of income tax withheld from their pay, by the end of May. The draft form, which is expected to be in use for 2020, will...

Hoping to avoid a tax surprise for 2019? Talk to your accountant before you use the IRS tax withholding calculator. That’s because user error and failure to consider state and local taxes could result in incorrect adjustments to the income taxes you have withheld at work. The 2018 tax year brought in a host of changes for filers as they...

A handful of early tax filers are seeing unexpectedly low refunds, or worse, owing money to the IRS. But not everyone is in for an unpleasant surprise. Many people are watching this tax season more closely than usual because it’s the first time the Tax Cuts and Jobs Act is in effect for a full tax year. The new law,...

Tax preparation is rarely easy, but this filing season comes with a unique set of complications. It’s the first year people are filing under the massive overhaul to tax law put in place by Congress in late 2017. Tax season also kicked off days after a partial government shutdown. Still, some taxpayers are feeling a bit confused. The Associated Press...

The first tax filing season under the new federal tax law is proving to be surprising for many Americans. Here’s a look at how some of the changes are playing out.

The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government. Take Andy Kraft and Amy Elias of Portland, Oregon. The couple had grown comfortable getting a small refund each year, a few hundred dollars or...

In his final days in office, Gov. Rick Snyder wiped out the felony drunken-driving conviction of a man who pleaded for a pardon so he could seek a promotion as the next president of the Michigan Association of Certified Public Accountants. Jim Jagger’s application for a pardon sailed swiftly: He filed in late October, got a hearing in December and...

No one cares as much about your money as you do, but never asking for help can be dangerous — and expensive. In a previous column, I detailed the hazards of trying to do your own estate plan and how problems often aren’t apparent until it’s too late to fix them. The following financial tasks also are more complex than...

If you woke up in a panic realizing that today is well past April 15, relax. You’ve got until today to file and pay your taxes without facing a penalty. April 15 fell on Sunday this year and Monday was Emancipation Day, a holiday in Washington, D.C. That gave taxpayers nationwide until April 17 to get the job done. Procrastinators...

Donald Trump is scheduled to make an appearance somewhere in Northern California on Monday and that visit is prompting Democratic and financial leaders to call out the Republican candidate.