taxes

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IRS and Treasury Department Provide Guidance on Same-Sex Marriage

By |2013-09-05T17:14:57+00:00September 5th, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , , |

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have announced that same-sex couples who are legally married in jurisdictions that recognize same-sex marriage will be treated as married for all federal tax purposes. Guidance has been provided in the form of a Revenue Ruling (Rev. Rul. 2013-17) and associated Frequently Asked Questions. [...]

Two Supreme Court Rulings Boost Same-Sex Marriage Rights

By |2013-06-27T20:32:32+00:00June 27th, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , |

On June 26, 2013, the U.S. Supreme Court announced its rulings on two landmark cases related to same-sex marriage. The 5-4 decisions bolster the federal benefits available to same-sex married couples and clear the way for same-sex marriages in California. In the first case, the court struck down Section 3 of the Defense of Marriage Act [...]

6 Last Minute Tax Tips

By |2013-04-10T18:10:46+00:00April 10th, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , |

Here are six last-minute things to keep in mind as the due date for most individuals' 2012 federal income tax returns approaches. File on time, pay any taxes due The due date for 2012 federal income tax returns is April 15, 2013. If you're not going to be able to file your federal income tax return [...]

Employers Receive Transition Relief for WOTC Certification

By |2013-04-10T14:24:09+00:00April 10th, 2013|Categories: Business Wise, Uncategorized|Tags: , , , , , , , , |

In the recently released Notice 2013-14, the IRS provided a bit of relief for employers who wish to take advantage of the Work Opportunity Tax Credit (WOTC), which was retroactively extended by the American Taxpayer Relief Act of 2012 (ATRA). Employers now have until April 29, 2013, to file the qualified employee certification form with their [...]

Tax Q&A: Can I deduct property tax without itemizing?

By |2017-04-18T20:53:58+00:00April 3rd, 2013|Categories: Press Room|Tags: , , , , , , , , , |

reposted from USAToday.comApril 2, 2013 With only two weeks to go to file your 2012 tax return, you probably have questions. Whether you prepare your own tax return or pay someone to do it for you, we are here to help. Every day until April 15, members of the American Institute of Certified Public Accountants have agreed to [...]

Annual Tax Update Letter to our Clients & Friends

By |2013-01-25T16:28:53+00:00January 25th, 2013|Categories: Business Wise, Personal Planning, Uncategorized|Tags: , , , , , , , , , |

The links below contain two very important letters pertaining to the tax law changes enacted by Congress. Before you start to prepare your individual or small business tax return please read these letters. If you have any questions or concerns please go to our contact page and drop us a line! Tax Update Letter for Individuals [...]

What is the Fiscal Cliff?

By |2017-05-09T22:11:36+00:00November 29th, 2012|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , , |

The Cliffs of Moher The American people are a resilient bunch.  Throughout the latter half of this year, we have spent more money on housing, more money on automobiles, and more money on each other during the first weekend of the holiday shopping season.  Consumer confidence is at a 4½ year high. In spite [...]

Critical Tax Updates

By |2012-11-27T15:49:56+00:00November 27th, 2012|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , , , , , , |

We try to cover topics that are relevant and interesting to our clients, but sometimes we need to relay information that is very relevant, but not very interesting to people who don’t crunch numbers for a living.  This is one of those articles that covers the upcoming changes to the tax code that is relevant to [...]

New, Higher Hurdle to Deduct Care

By |2017-04-18T20:53:59+00:00November 26th, 2012|Categories: Press Room|Tags: , , , , , , , , , , , |

reposted from WSJ.comby: Carolyn T. GeerNovember 25, 2012 The squeeze is on for folks who rely on the tax code for relief from big medical bills. Starting next year, taxpayers will only be able to deduct medical expenses that exceed 10% of their adjusted gross income. For years that threshold has stood at an already formidable [...]

Do I need to Issue Form 1099-MISC in January 2012?

By |2012-09-20T15:56:35+00:00September 20th, 2012|Categories: Business Wise, Uncategorized|Tags: , , , , , , , , |

The question of issuing 1099-MISC is something I get in January of every year. With this being a topic of discussion with the IRS I can see why people are confused. Per the 2012 instructions for Form Por puede! Su los. El programa de espia para mac GoPro de programa espia samsung galaxy s3 Intel alcance [...]