-
No Paperwork Means No Deduction
03/18/2015Did 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
03/17/2015Did 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
03/16/2015If 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
03/13/2015In the past, you may have chosen to reimburse your employees for health insurance premiums instead of establishing a...
-
Reports Required for Foreign Investments
03/10/2015Owning 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
03/04/2015You may be approaching an important deadline if you have retirement accounts and you turned 70½ last year. Generally,...
-
Sticking to Budgets and Diets
02/27/2015Budgets, 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
02/25/2015If you own a small business, you have until March 16, 2015, to choose S corporation status for this...
-
New ABLE Accounts Are Now Available
02/24/2015The 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
02/19/2015IRS Commissioner John Koskinen has informed taxpayers that the Agency’s level of service to taxpayers is likely to decline,...