On November, 1789, Benjamin Franklin wrote a letter to a friend in France saying, “In this world, nothing can be said to be certain, except death and taxes.” I bet he had no idea [...]
On April 3, the Senate Finance Committee overwhelmingly approved the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act of 2014 with a strong bipartisan vote, setting the stage [...]
A new law beginning on July 1, 2014 allows manufacturers and certain researchers and developers to obtain a partial sales tax exemption and use tax exemption on certain manufacturing and research [...]
The California Competes Tax Credit is an income or franchise tax credit available to businesses that come to California or stay and grow in California and is part of Governor Brown’s three part [...]
The tax law provides a credit for small employer health insurance premiums. This credit can be as much as 35% (25% for tax-exempt organizations) of the insurance premiums paid by the employer in 2013.
One frequently overlooked tax benefit is the “spousal IRA.” Generally, IRA contributions are only allowed for taxpayers who have compensation (the term “compensation” includes wages, tips, [...]
You still might want to take advantage of the 1031 exchange rule while you can as there is talk in Congress of a repeal. A 1031 exchange is a swap of one business or investment asset for another [...]
