Year-End Tax Planning for Individuals
With changes in the political landscape on the horizon, prospects for tax reform in 2017 and beyond will be clearer after Election Day. Until then, effective legislative action in 2015...
2015 Year-End Tax Planning for Individuals
The first day of Fall is our signal to begin year-end tax planning. While the 2015 tax season may seem a ways away, you will be in better shape for...
Small Business Reprieve on Health Premium Reimbursement Plans
Historically, companies that wanted their employees to be protected with health coverage, but didn't want the hassle of having a company health plan, could simply give employees an amount of...
Highlights of the 2014 Tax Extender Package
On December 19, 2014, the President signed into law the Tax Increase Prevention Act of 2014 (TIPA). Many of the individual and business tax credits that had expired at the...
2014 Year-End Tax Planning for Individuals
It's hard to believe that we are getting towards the end of another year, but with the end of 2014 in sight, now is an excellent time to review your...
2013 Year-End Tax Planning for Individuals
As we near the end of 2013, now is an excellent time of year to review the opportunities for reducing your tax burden. In this article, we will look at...
New Option for Home Office Deductions
In an effort to make things easier for owners of home-based businesses and for some home-based workers, the IRS has announced a new, simpler option for home office write-offs. Effective...
IRS Questioning Under-Reporting on Business Returns and 1099-K Matching
The Internal Revenue Service is now using information statements to look for under-reporting on business returns. This year, business taxpayers received the new Form 1099-K, Merchant Card and Third-Party Network...
Tax Court Denial of Charitable Deductions
The Tax Court recently ruled that a married couple's significant amount of charitable contributions were not tax deductible because the written acknowledgment provided by their church did not meet the...
Social Security Statements Available Online
As of May 1, the Social Security Administration now provides workers, ages 18 and over, with access to their Social Security statements online. For the first time, workers can access...
Year-End Tax Planning for Individuals
With changes in the political landscape on the horizon, prospects for tax reform in 2017 and beyond will be clearer after Election Day. Until then, effective legislative action in 2015...
2015 Year-End Tax Planning for Individuals
The first day of Fall is our signal to begin year-end tax planning. While the 2015 tax season may seem a ways away, you will be in better shape for...
Small Business Reprieve on Health Premium Reimbursement Plans
Historically, companies that wanted their employees to be protected with health coverage, but didn't want the hassle of having a company health plan, could simply give employees an amount of...
Highlights of the 2014 Tax Extender Package
On December 19, 2014, the President signed into law the Tax Increase Prevention Act of 2014 (TIPA). Many of the individual and business tax credits that had expired at the...
2014 Year-End Tax Planning for Individuals
It's hard to believe that we are getting towards the end of another year, but with the end of 2014 in sight, now is an excellent time to review your...
2013 Year-End Tax Planning for Individuals
As we near the end of 2013, now is an excellent time of year to review the opportunities for reducing your tax burden. In this article, we will look at...
New Option for Home Office Deductions
In an effort to make things easier for owners of home-based businesses and for some home-based workers, the IRS has announced a new, simpler option for home office write-offs. Effective...
IRS Questioning Under-Reporting on Business Returns and 1099-K Matching
The Internal Revenue Service is now using information statements to look for under-reporting on business returns. This year, business taxpayers received the new Form 1099-K, Merchant Card and Third-Party Network...
Tax Court Denial of Charitable Deductions
The Tax Court recently ruled that a married couple's significant amount of charitable contributions were not tax deductible because the written acknowledgment provided by their church did not meet the...
Social Security Statements Available Online
As of May 1, the Social Security Administration now provides workers, ages 18 and over, with access to their Social Security statements online. For the first time, workers can access...