Effective January 1, 2013, a new 3.8% Medicare tax is being imposed on certain transactions. This new tax is the courtesy of Sec. 1411 of the Patient Protection and Affordable Care Act, P.L. 111-148 … [Read more...] about MEDICARE’S NEW 3.8% INVESTMENT TAX
IS IT POSSIBLE THAT YOUR LIFE INSURANCE POLICY WILL EXPIRE BEFORE YOU DO?
There are numerous types of insurance policies in the marketplace. Most consumers are familiar with term insurance policies which do not build any cash-value within the policy. The insured buys a … [Read more...] about IS IT POSSIBLE THAT YOUR LIFE INSURANCE POLICY WILL EXPIRE BEFORE YOU DO?
FAFSA – IRS DATA RETRIEVAL TOOL
If you dislike having to input your IRS tax financial information on a FAFSA application (Free Application for Federal Student Aid), this task has become considerably easier. There is an IRS Retrieval … [Read more...] about FAFSA – IRS DATA RETRIEVAL TOOL
Country Club Dues
Regardless of the legal entity a business uses for reporting its income taxes, business owners eventually ask their CPA the following question: “Can I deduct my golf club dues as a federal income tax … [Read more...] about Country Club Dues
Tax Tips for the Self-Employed
There are many perceived benefits that come from being your own boss. If you work for yourself, as an independent contractor, or you carry on a trade or business as a sole proprietor, you are … [Read more...] about Tax Tips for the Self-Employed
IS YOUR COMPANY 401K COMPLIANT?
Retirement plan changes are coming that will impact both employers and employees! The goal of these changes is to provide employees … [Read more...] about IS YOUR COMPANY 401K COMPLIANT?
