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KF Tax & Accounting, P.C.

Tax Reform Changes: Quick Overview and Resources

With the the major tax law changes now in affect when filing a 2018 tax return, here is a quick overview of key changes with a link to more information on IRS.gov: Tax rates lowered: tax rates are lower for most income brackets Standard...

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KF Tax & Accounting, P.C.

Late Tax Filing and Payment Penalties: Key Facts

The deadline for people to file their taxes and pay any tax they owe was on the 18th Of April this year. If taxpayers are due a refund, there is no penalty if they file a late tax return. Taxpayers who owe tax, and failed to file and pay on time,...

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