Welcome 2013! As the new year rolls around, it's always a sure bet that there will be changes to the current tax law and 2013 is no different. From health savings accounts to retirement [...]
Are you aware that hiring a veteran can have a positive impact on your 2012 tax obligation? If you hire a veteran who begins work before Jan. 1 of next year, you may be eligible for a credit as [...]
Congress recessed on September 22, 2012 and is not expected to reconvene until after the November 6 elections. Congress has yet to extend any of the expiring tax provisions, many of which expired [...]
For 2011 and 2012, the estate and gift tax statutes permit cumulative tax-free lifetime transfers and transfers at death totaling $5,000,000 per person. The $5,000,000 “exemption” can be used [...]
The Health Care and Education Reconciliation Act of 2010 (Obamacare) contains a provision that will subject certain individuals to a 3.8% “unearned income Medicare contribution” tax beginning in 2013.