The new tax reform is causing many taxpayers to use the standard deduction instead of itemizing. This may make you hesitate when it comes to your charitable contributions. Watch as Abby and Emily explain what you can do to donate to your favorite charities and still get that tax break next spring!
Form 8697 & the Look-Back Method for Construction Contractors
Now that we’ve covered the basics of the percentage of completion method (PCM), it’s time to explore IRS Form 8697, “Interest Computation Under the Look-Back Method for Completed Long-Term Contracts.”
02/03/2025
