Category: Tax Planning

Employment Tax Credit for COVID-impacted Businesses Expanded for 2020 and into 2021

The Employee Retention Credit originally established under the CARES Act in March 2020 allows businesses who have been financially impacted by COVID to claim a credit on…

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Washington CPA Chris Falco Educates Taxpayers About Tax Cuts and Jobs Act

CPA Chris Falco of the Washington accounting firm Falco Sult, lists the top three tips about changes to itemized deductions following the new Tax Cuts and Jobs…

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Our Client Portal Makes Sending Tax Information Easy!

The final tax deadlines of the year are approaching. If you still need to send tax information to us, we encourage you to use our secure, online…

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Tax Cuts and Jobs Act: A Brief Highlight of Changes to Itemized Deductions

By: Jacquelyn Martin, Falco Sult Staff Accountant Following the passing of the new Tax Cuts and Jobs Act (TCJA), there are several items that will affect the…

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Chris Falco Discusses the Effects of New 2018 Tax Laws on Individual Taxpayers

You can listen to this article here. The Tax Cuts and Jobs Act that went into effect on January 1st is the most comprehensive tax change since…

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