New W-4 Form for 2020

The Internal Revenue Service (IRS) recently released an updated W-4 form that coincides with last year’s changes to the federal tax code. The new form significantly revises paycheck withholding calculations. According to the IRS, the update “reduces the form’s...

Hot topics from the Storen tax retreat

Last month the tax professionals at Storen Financial met to prepare for the 2019 tax season. Over the two day retreat we focused on new tax laws, forms, and other changes as well as reviewed common issues that affect Storen clients from year to year. Every year we...

Expired tax incentives return this year

Our beloved Congress has done it again.  In the latest Budget Bill that was signed on December 20, 2019, a number of tax incentives that had expired at the end of 2017 have been brought back.  Not only brought back but made retroactive to January 1, 2018.  This will...