Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years.
Most people would like to have the choice of whether to work or not. In a world of rising social security pension ages and increased taxation, retirement is becoming more and more difficult. We [...]
Are you or someone you know about to get audited by the IRS? Have you ever wondered why some tax returns receive an IRS audit notice, while others don’t? The IRS doesn’t have enough personnel [...]
If you are at least 70.5 years old and are thinking of making a donation to a charity, you may wish to consider making an IRA to Charity contribution. For 2013 (this is the last year without an [...]
If you’re thinking of gifting to or leaving money in your will to a worthy local organization, look no further than West Hills Community College Foundation!
To qualify for the “Tax Savers Credit” on on your Federal tax returns in April, you must take action soon. This credit is intended to help low- and moderate-income workers save for [...]
Planning pension distributions without a having to pay a penalty on that additional income can be tricky, but with some basic information, you will have a head start. If you have an accountant, [...]
There is a new additional Medicare tax in effect for 2013 that may require year-end actions. The new tax, which is part of the Affordable Care Act, imposes an additional 0.9% Medicare (HI) tax on [...]
With the national debt and tax simplification taking front burners these days, there has been a great deal of discussion by both political parties and bi-partisan groups about doing away with or [...]
