It is hard to believe how fast it has gone, but we are coming upon another year’s end! We look forward to seeing you very soon for another tax season. There is still plenty of tax uncertainty surrounding 2015 and 2016, making it very important to be aware of tax planning strategies that might impact […]
Beginning in 2014, a non-exempt taxpayer who fails to maintain minimum essential healthcare coverage must pay an annual tax penalty through their tax return filing. The term minimum essential coverage means a government sponsored program including Medicare, Medicaid, CHIP, Tricare, Veterans’ health care program, and The Peace Corps volunteer health plan. The term also includes […]
We wish all of you a very happy Holiday Season! We look forward to seeing all of you very soon for another tax filing season. Last year, we said that “2012 has been a year like no other from a tax perspective, and 2013 is setting up to be even more exciting.”, and we were […]
January 7, 2013 We welcome all of you to 2013 – we are writing this supplement to our previous newsletter to provide you with a summary of some of the most important changes that were just finalized by Congress on January 1st. 2% PAYROLL TAX INCREASE – the 2% payroll tax reduction in the FICA rate […]
November 30, 2012 We wish all of you a very happy Holiday Season! We look forward to seeing all of you very soon. 2012 has been a year like no other from a tax perspective, and 2013 is setting up to be even more exciting. As details evolve with the changes to the tax law […]