Entries by Sarah Scheffer

Updated 2020 W-4 Form: What You Need to Know

The Tax Cuts and Jobs Act (TCJA) has prompted multiple legislative and regulatory tax changes. The reform has even impacted documentation protocol. In early December 2019, the IRS announced a redesigned 2020 Form W-4. The form modifications are designed to better incorporate the changes enacted by the TCJA.

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Tax Implications of Selling a Home: What You Need to Know

Selling a home is a stressful time for most people. However, based on the temperature of the real estate market, it can also be a profitable experience for property owners. While most people recognize that they will have to pay some type of tax after the sale of their home, they often aren’t sure exactly sure of the tax laws or what they’ll ultimately have to pay.

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Congrats on that Bonus! Do You Understand How It Will Be Taxed?

Employees in every industry appreciate a bonus to their current salaries.  We all love being recognized for our work, especially if it involves money. However, as we reach for the bonus check, don’t forget the IRS will also have their hand out. It’s important to understand how bonuses are taxed before spending your earnings.

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Leone, McDonnell & Roberts, PA Manager Earns QuickBooks Certification

We are pleased to announce that Manager Tavia Cederberg has successfully completed the Intuit QuickBooks Online Advanced training course, earning her certificate and the designation of ProAdvisor. Tavia successfully completed the core Online QuickBooks course two years ago after a 60-hour study and exam process. Recently, after a full week of training and hours of […]

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