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THE EARNED INCOME CREDIT

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The EITC is for people who work, but have lower incomes. If you…

WITHHOLDING

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This term is applied to amounts that are withheld from income…

FAMILY, INCOME, AND RESIDENCE CHANGES CAN AFFECT YOUR PREMIUM TAX CREDIT

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Article Highlights: Advance premium tax credit (APTC) Repayment…

WHAT TO DO IF YOU RECEIVE A DREADED IRS LETTER

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Article Highlights: CP2000 Series Notices Automated Frequently…

ONLY 8 DAYS LEFT FOR 2014 TAX DEDUCTIONS

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Article Highlights: Actions you can still take to reduce your…

LAST-MINUTE CONGRESSIONAL ACTION MAY REQUIRE SOME YEAR-END TAX MOVES

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Article Highlights: Congress passes extender bill IRA to…

DIVORCE ISSUES

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Divorce can be one of life’s most traumatic events and is seldom…

LOOKING FOR BUSINESS TAX DEDUCTIONS? LOOK NO FURTHER THAN YOUR BUSINESS VEHICLE!

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The options for deducting the business use of a vehicle are both…

LARGE EMPLOYERS MUST OFFER AFFORDABLE HEALTH COVERAGE BEGINNING IN 2015

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Article Highlights: Employers subject to the insurance mandate …

IS A 1031 EXCHANGE RIGHT FOR YOU?

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Article Summary: Basic rules of 1031 exchanges Advantages…

WHEN BUSINESS PROPERTY MUST BE DEPRECIATED

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Generally when property is purchased for use in a business and…

GETTING THE MOST OUT OF EMPLOYEE BUSINESS EXPENSE DEDUCTIONS

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Article Highlights: 2% of income deduction floor Alternative…

CARE FOR THE ELDERLY

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When the elderly reach the point that they can no longer care…

CARING FOR AN ELDERLY OR INCAPACITATED INDIVIDUAL

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With people generally living longer, we frequently find ourselves…

SHARED RESPONSIBILITY PAYMENT – PENALTY FOR BEING UNINSURED

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Penalty Calculation - There is a penalty for not having health…

ADDITIONAL MEDICARE (HOSPITAL INSURANCE) TAX - HIGH-INCOME TAXPAYERS

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The Medicare (aka Hospital Insurance (HI)), tax rate (currently…