Can’t File by April 15? Get an Extension!
04/07/2015Read moreIf you can’t file your 2014 tax return by the April 15 deadline, file for an extension to get...
IRS Publishes 2015 Business Vehicle Deduction Limits
04/03/2015Read moreThe IRS has published depreciation limits for business vehicles first placed in service this year. 50% bonus depreciation is...
Consider a Buy-Sell Agreement for Your Business
03/31/2015Read moreMarriages end, and so do business ventures. If your business is owned by two or more persons, a buy-sell...
Details Matter in Divorce Negotiations
03/27/2015Read moreDivorce can be an emotionally draining process. If you are in the middle of one, you probably just want...
Retirement Contributions May Qualify for a Tax Credit
03/25/2015Read moreDid you contribute to retirement plans or an IRA for 2014? You may be eligible for a federal income...
FTC Urges Taxpayers to File Returns Early
03/20/2015Read moreOne very common form of tax fraud involves the scam artist stealing your social security number and filing a...
No Paperwork Means No Deduction
03/18/2015Read moreDid you give contributions to qualified charities during 2014? Be sure to get a receipt. Tax rules are strict...
Your Social Security Benefits May Be Taxable
03/17/2015Read moreDid you sign up for social security benefits last year? If so, you may have questions about how those...
March 16 is the Deadline for Making an S Corporation Election
03/16/2015Read moreIf you own a small business, you have until March 16, 2015, to choose S corporation status for this...
Change in Tax Treatment of Health Insurance Reimbursements
03/13/2015Read moreIn the past, you may have chosen to reimburse your employees for health insurance premiums instead of establishing a...
Reports Required for Foreign Investments
03/10/2015Read moreOwning foreign assets or having signature authority over certain foreign accounts means extra filing requirements. For example, Part III...
April 1 is the Deadline for Retirement Distributions
03/04/2015Read moreYou may be approaching an important deadline if you have retirement accounts and you turned 70½ last year. Generally,...
Sticking to Budgets and Diets
02/27/2015Read moreBudgets, like diets, are short lived for most of us. You do a proper job of planning by looking...
Elect S Corporation Status By March 16th
02/25/2015Read moreIf you own a small business, you have until March 16, 2015, to choose S corporation status for this...
New ABLE Accounts Are Now Available
02/24/2015Read moreThe Tax Increase Prevention Act of 2014 that was signed last December mainly affected the year 2014 as it...
IRS Service Will Be Affected by ACA and Budget Cuts
02/19/2015Read moreIRS Commissioner John Koskinen has informed taxpayers that the Agency’s level of service to taxpayers is likely to decline,...
