ACA’s NIIT And Medicare Taxes Pose Planning Challenges
Key provisions of the Affordable Care Act (ACA) have changed several times since late last year. Most notable was the delay in the employer mandate until Jan. 1, 2015, giving […]
Summer Day Camp May Save You Taxes
The passing of Memorial Day marks the beginning of summer in the minds of many Americans. Although the kids might still be in school for another week or two, summer […]
Don’t Inadvertently Miss April 15 Deadline
If you still file a paper return, it’s important to know the IRS’s “timely mailed = timely filed” rule: If your tax return is due April 15, it’s considered timely […]
How Will the End of Some Popular Credits and Deductions Affect Your Business?
Did you know that bonus 50% first-year depreciation will no longer be available to your business in 2014 and beyond? And that the Section 179 expensing limit, which allows you […]
Could Deducting State And Local Sales Taxes Save You More?
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. Although this […]
How To Shrink Taxes On Your Investments In 2014
As a conscientious investor, you’re probably already keeping an eye on how your investments are performing this year. But you also should take the time to develop a strategy for […]
Time For An Estate Plan Checkup
Now that we’re in the new year, it’s time for an estate plan checkup. Why? First, various exclusion, exemption and deduction amounts are adjusted for inflation and can change from […]
Strengthen Your Company’s Budgeting Process
As one year winds down and another revs up, among your most important tasks is to line up the elements of your business budget. If any of the major items […]
2013 Fourth Quarter Federal Tax Developments
During the fourth quarter of 2013, there were many important federal tax developments. This article highlights some of the more significant developments for you. As always, contact us if you […]
Will Congress Revive Expired Tax Breaks?
Many valuable tax breaks expired at the end of 2013. But Congress probably will revive at least some of them, likely retroactively to Jan. 1, 2014. The question is exactly […]