“Chained CPI”: What’s it all about?
02/04/2013Read moreAs the politicians in Washington start once again to tackle the same old problems, you’re likely to hear more...
Pay attention to restored deductions for 2012
02/04/2013Read moreA number of tax breaks that had expired at the end of 2011 or were to expire at the...
New Medicare taxes take effect in 2013
02/04/2013Read moreThe 2010 health care reform legislation included several provisions that go into effect this year. Among them is the...
Dependents: What are the tax rules?
02/04/2013Read moreMost taxpayers believe that a “dependent” is a minor child that lives with them. While that is essentially correct,...
Don’t let “sunk costs” lead to poor decisions
02/04/2013Read moreEmotions add zest to life. They propel us to our feet when our favorite running back scores a touchdown....
When to start drawing social security is an important decision
02/04/2013Read moreOver the coming years, millions of baby boomers will reach age 62, the minimum threshold for receiving social security...
Does the New Surtax Apply to You?
02/04/2013Read moreAs of January 1, there is a new 3.8% net investment income tax on some categories of passive investment...
We’re Here All Year!
02/04/2013Read moreMany clients see their CPAs at tax time, when the main focus is on completing and filing their tax...
Closing tax loopholes could be key to budget deal
02/04/2013Read morePresident Obama said in a televised interview on Sunday that he could foresee a budget deal in Congress that...
Senate votes to temporarily suspend federal debt limit
02/01/2013Read moreCongress gave final approval Thursday to a plan to temporarily suspend the legal limit on the national debt, permitting...
U.S. economy added 157,000 jobs; unemployment rate is 7.9%
02/01/2013Read moreEmployment grew modestly in January and gains in the prior two months were bigger than initially reported, supporting views...
Percentage of Americans delaying retirement increases
02/01/2013Read moreThe American workplace is about to get grayer. Nearly two-thirds of Americans between the ages of 45 and 60...
Federal Reserve to Continue Stimulus Amid Signs of Weak Economy
01/31/2013Read moreThe Federal Reserve, saying economic growth had “paused” in recent months, announced Wednesday it will continue its $85 billion...
Tax Breaks for Adult Caregivers
01/31/2013Read moreCaregivers who are adult children or other non-spouse relatives also can claim breaks for expenses incurred in caring for...
Expect “sequestration” cuts to take effect, lawmakers say
01/30/2013Read moreLess than a month after averting one fiscal crisis, Washington began bracing Tuesday for another, as lawmakers in both...
U.S. consumer confidence falls as payroll-tax hike hits income
01/30/2013Read moreConsumer confidence plunged in January to its lowest level in more than a year, reflecting higher Social Security taxes...