• Email: [email protected]
  • Call us: (303) 318-0115
  • Hours: 7:30 am - 5:30 pm (1 pm on Fridays)

Blog

BLOG | HUGHES WEDGWOOD AND COMPANY


3 big TCJA changes affecting 2018 individual tax returns and beyond

When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you —…
CONTINUE READING

When are LLC members subject to self-employment tax?

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services…
CONTINUE READING

Fundamental Tax Truths for C Corporations

The flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been…
CONTINUE READING

Investment interest expense is still deductible, but that doesn’t necessarily mean you’ll benefit

As you likely know by now, the Tax Cuts and Jobs Act (TCJA) reduced or eliminated many deductions for individuals.…
CONTINUE READING

There’s Still Time to Get Substantiation for 2018 Donations

If you’re like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging…
CONTINUE READING

Higher Mileage Rate May Mean Larger Tax Deductions for Business Miles in 2019

This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business increased…
CONTINUE READING

2 Major Tax Law Changes for Individuals in 2019

While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through…
CONTINUE READING

A refresher on major tax law changes for small-business owners

The dawning of 2019 means the 2018 income tax filing season will soon be upon us. After year end, it’s…
CONTINUE READING

Year-End Tax Planning for Individuals

Individual Tax Planning Unlike recent years, in which the tax rules have been fairly stable, 2018 brings extensive changes as…
CONTINUE READING

Year-end Tax Planning for Businesses

Business Planning As I'm sure you're aware, the Tax Cuts and Jobs Act of 2017 (TCJA) was enacted at the…
CONTINUE READING