IRS Releases Annual Inflation Adjustments For Tax Year 2018

The IRS has released the annual inflation adjustments for tax year 2018 for more than 50 tax provisions.  A full listing of inflation adjustments for tax year 2018 can be found in IRS Revenue Procedure 2017-58.  

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Hurricane Irma Tax Relief

Updated September 25, 2017

Victims of the flooding and storms in Florida and Georgia now have additional time to file time-sensitive materials with the IRS. The designated disaster area covers the following counties:

Florida:

All counties

Georgia:

All counties

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Hurricane Harvey Tax Relief

Updated September 25, 2017

Victims of the flooding and storms in Texas now have additional time to file time-sensitive materials with the IRS. The designated disaster area covers the following counties:

Aransas, Austin, Batrop, Bee, Bexar, Brazoria, Burleson, Calhoun, Chambers, Colorado, Dallas, DeWitt, Fayette, Fort Bend, Galveston, Goliad, Gonzales, Grimes, Hardin, Harris, Jackson, Jasper, Jefferson, Karnes, Kleberg, Lavaca, Lee, Liberty, Madison, Matagorda, Montgomery, Newton, Nueces, Orange, Polk, Refugio, Sabine, San Jacinto, San Patricio, Tarrant, Travis, Tyler, Victoria, Walker, Waller, Washington, and Wharton

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The Cultural Alliance of Greater Washington has worked with Bormel, Grice & Huyett, P.A., since 1988. Their knowledge of the arts and the arts community make their services invaluable. They can translate accounting terminology into a comprehensive language. For many organizations, the accounting firm of Bormel, Grice & Huyett provides the financial "information bridge." We whole-heartedly recommend Bormel, Grice & Huyett, excellent accountants who care about our arts organizations.
Jennifer Cover Payne, Executive Director, Cultural Alliance of Greater Washington

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