Beware Of AMT When Doing Year-End Tax Planning
As year end approaches, you may be trying to accelerate deductible expenses into 2013 to reduce, or at least defer, tax. But you must beware of the alternative minimum tax […]
Have You Checked Your 2013 Estimated Tax Payments?
Figuring your quarterly estimated tax payments is not quite as complicated as winning a jelly-beans-in-a-jar counting contest. Still, new rules, including higher tax rates, limits on itemized deductions, and two […]
Tax Credits for Certain New Hires
If you’re considering expanding your staff, hiring from certain disadvantaged groups before the end of 2013 can save you tax. The American Taxpayer Relief Act of 2012 extended the Work […]
Why 2013 May be the Year to Make That Car or Boat Purchase
For the last several years, taxpayers have been allowed to take an itemized deduction for state and local sales taxes in lieu of state and local income taxes. The American […]
What to Do if Your Tax Identity Has Been Stolen
Have you gotten a tax bill you weren’t expecting based on income you never received? Has your return been rejected, or your refund delayed? These unanticipated incidents may indicate your […]
Are You Prepared for the Health Care Act’s “Play or Pay” Provision?
The Patient Protection and Affordable Care Act of 2010’s shared responsibility provision, commonly referred to as “play or pay,” is scheduled to take effect Jan. 1, 2015. It doesn’t require […]
Time to Update Your Estate Planning
Have you been putting off your estate planning due to uncertainty in the tax law? Then you’ll be happy to hear much of the uncertainty has been eliminated by the […]
Reduce Your Tax Bill With Research Credit
For many years, the research credit (also commonly referred to as the “research and development” or “research and experimentation” credit) has provided an incentive for businesses to increase their investments […]