Tax Increase Prevention Act of 2014
12/17/2014Read moreOn Tuesday evening, the Senate passed bill H.R. 5771, known as the Tax Increase Prevention Act of 2014, to...
IRS Issues “Nanny Tax” Reminder
12/15/2014Read moreThe IRS reminds taxpayers not to overlook their responsibilities under the “nanny tax.” If you employed a housekeeper, nanny,...
Age Matters in the World of Taxes
12/11/2014Read moreAre you aware of the numerous age-related provisions in the IRS code? They are probably more plentiful and significant...
Is Your Business Using Part-Time Workers?
12/10/2014Read moreRecent job statistics indicate that more employers are using part-timers to deal with variations in workload and for short-term...
How to Tell You Have Credit Card Problems
12/05/2014Read moreIf you’re living beyond your means, you could be courting financial disaster. Here are some indicators that you need...
You May Have a Deduction for Moving Expenses
12/02/2014Read moreIf you moved in 2014 because of a new job location, you may be entitled to a tax deduction...
Review Your 2014 Deductions
11/26/2014Read moreSome itemized deductions are limited by a percentage of your gross income. An example is miscellaneous deductions. These provide...
Changes to the Small Employer Health Insurance Tax Credit
11/25/2014Read moreAre you a small employer with twenty-five or fewer full time employees, pays those employees an average of less...
Update Your Beneficiary Designations
11/24/2014Read moreWho have you designated as beneficiaries for your insurance policies and retirement accounts? If you can’t remember, you’re not...
IRS Commissioner Reveals Major Concerns
11/21/2014Read moreIRS Commissioner John Koskinen recently discussed the major concerns the IRS has as it readies itself for the upcoming...
Self-employeds Get Tax Breaks
11/18/2014Read moreWhen it comes to taxes, being self-employed has some advantages. Whether you work for yourself on a full-time basis...
Could You Benefit From Cost Segregation?
11/14/2014Read moreAlmost any taxpayer who owns commercial real estate can reduce his or her current income tax bill by using...
Supreme Court Denies Bankruptcy Protection for Inherited IRAs
11/12/2014Read moreYour retirement funds are protected from creditors even if you file for bankruptcy, with only a few limitations. This...
Investors Should Always Be Aware of Inversions
11/07/2014Read moreSome U.S. companies are using corporate inversions to reduce their taxes. Investors in companies that do an inversion may...
Don’t Forget to Take Your RMD!
11/04/2014Read moreDid you celebrate your 70½th birthday in 2014? Do you have a traditional or rollover IRA? If both answers...
IRS Releases 2015 Pension Plan Inflation Adjustment Limits
10/30/2014Read moreThe Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related...