Generally, your Social Security (SS) benefits are not taxable until your modified adjusted gross income (MAGI) is more than the base amount for your filing status.
The ACA open enrollment period under the Affordable Care Act (Obamacare) mandate is November 15 through February 15. If you don’t have health insurance coverage for 2015, you may be [...]
Many companies, as an incentive to employees to help grow the companies’ market value, will offer stock options to key employees. The type of option offered can make a huge difference in your [...]
Members of the U.S. Armed Forces reserve component often have questions about the tax deductibility of expenses they incur as part of their service in a reserve unit. Here are some tax facts for [...]
Frequently, taxpayers think that gifts of cash, securities or other assets they give to other individuals are tax deductible and, in turn, the gift recipient sometimes thinks income tax must be [...]
The following is a checklist that might help you lower your taxes if you act before the year’s end. Not all strategies will apply to everyone, but many clients will benefit from more than one item.
With the ever-increasing complexity of our tax system, it is commonplace for many small businesses to make common bookkeeping mistakes. One way to avoid making errors is to be aware of the most [...]
