Employers have been transitioning from defined benefit pension plans to defined contribution plans for several years. In 1980, four out of five private-sector workers were covered by traditional … [Read more...] about WILL SOCIAL SECURITY AND 401(K) MONIES BE AVAILABLE WHEN YOU RETIRE?
IRS ANNOUNCES HOME OFFICE SAFE HARBOR
The IRS announced (Rev. Proc. 2013-13) a safe harbor method that individual taxpayers have the option of using to determine the amount of deductible expenses attributable to certain business use of a … [Read more...] about IRS ANNOUNCES HOME OFFICE SAFE HARBOR
2013 PA Department of Labor Unemployment Tax Rate Changes
The Office of Unemployment Compensation Tax Services plans to mail the PA Contribution Rate Notice for the 2013 calendar year, Form UC-657, on December 31, 2012. Important deadlines … [Read more...] about 2013 PA Department of Labor Unemployment Tax Rate Changes
IRS ANNOUNCES 2012 TAX RETURN DELAYS – AND HOW TAXPAYERS ARE AFFECTED
The IRS announced that it will not be able to start to process any tax filings until January 30, 2013. The IRS stated that there are about 30 forms that it will not be able to process until late … [Read more...] about IRS ANNOUNCES 2012 TAX RETURN DELAYS – AND HOW TAXPAYERS ARE AFFECTED
American Taxpayer Relief Act of 2012 Tax Changes
On January 1, 2013, Congress passed the American Taxpayer Relief Act of 2012, averting the "Fiscal Cliff." Although the Act has far too many provisions for us to include in a blog posting, we wanted … [Read more...] about American Taxpayer Relief Act of 2012 Tax Changes
IRS TAX LIEN – EGREGIOUS ASSAULT ON HOMEOWNER?
The recent court case of William B. Gregory, et al., v. The United States Department of the Treasury – Internal Revenue Service, Case No. 1:12CV00042 in the Western District of Virginia, entered on … [Read more...] about IRS TAX LIEN – EGREGIOUS ASSAULT ON HOMEOWNER?