Tax and Financial Services
Boulder City | Henderson, Nevada
Tax Alerts
March 02, 2021
Tax Briefing(s)
JD Higley, Tax and Financial Service, Boulder City, Nevada

Higley, John D. is a BBB Accredited Accountant in Boulder City, NV

The J.D. Higley Company is located in Boulder City,  Nevada.

Offering a wide range of tax and financial services for individuals, partnerships, estates, trusts, and corporate clients. We specialize in everything from income tax preparation to bookkeeping to full business management for estates, trusts, nonprofits, and most types of small to medium-sized businesses.

We've been doing this for 45 years, so we've had the opportunity to experience and learn from several economic cycles and we've been able to help our clients weather the financial storms. 

We can assist you with your tax preparation and many other financial service needs. For more information about these services please view our Client Services section of this website.

President Trump's Tax Cut and Jobs Act of 2017 - Important Updates for 2020

President Trump promised, when he was on the campaign trail, that he would push for tax reform legislation. On December 22, 2017, he signed the Tax Cut and Jobs Act into law, the first major tax reform in 31 years. The new tax reform law makes changes to the tax code. Your business will be impacted.

Tax benefits include a reduction in the corporate tax rate, an increase in the bonus depreciation allowance, an increase in the §179 expensing amount, and the repeal of the corporate alternative minimum tax. Owners of S corporations, partnerships, LLCs, sole proprietorships, and farms are allowed a deduction of 20% of qualified business income, subject to a number of limitations.

Click this link to see a review of the business tax highlights.

In addition, there are many changes to your personal income tax returns.

Click this link to see the personal income tax highlights.

If you are a homeowner, there are many changes that may affect you.

Click this link for a review of the changes affecting homeowners.

Non-Cash Contributions Worksheet 2020

You may find this financial tool useful to calculate your non-cash contributions for 2020.