• Supreme Court will Decide if Online Retailers Must Collect Sales Tax

    Posted:

    The U.S. Supreme Court has agreed to hear a lawsuit brought by the state of South Dakota challenging a 26-year-old ruling that has prohibited state and local government from collecting sales taxes from online merchants and other remote sellers. Read more here...

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  • 2018 Federal Income Tax Withholding Changes

    Posted:

    The Tax Cuts and Jobs Act has reduced individual income tax rates for 2018. This suggests that employees who withhold federal income tax from each paycheck should be able to reduce the amount of tax that they withhold from each check in 2018. Read more here...

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  • Prepayment of 2018 Property Taxes in 2017

    Posted:

    2018 state and local real property taxes that are both assessed and paid in 2017 may be fully tax deductible in 2017 for taxpayers who itemize their deductions. Unfortunately, Wisconsin state law does not assess, or allow payment of, 2018 property taxes in 2017.

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  • Tax Reform Compromise Reached

    Posted:

    Republicans have apparently reconciled their respective versions of the Tax Reform and Jobs Act. The key provisions of the latest version of the massive tax reform measure are as follows. Read more here...

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