More Deductions Reduced for Rich
If your adjusted gross income is more than $300,000, you’ll see decreases in your tax deductions. Read our article in today’s Marietta Daily Journal.
IRS Issues Guidance on 2012 Charitable Donations from IRAs
The IRS has provided guidance on how qualified charitable distributions can satisfy an IRA owner’s RMD for 2012 and 2013. Learn More in this Tax Tip.
Avoiding Unreasonable Compensation
What’s a fair wage for an employee-shareholder? The IRS determines if compensation is reasonable on a case-by-case basis. Learn more in this Tax Tip.
IRS to Accept Tax Filings Beginning January 30
The IRS has announced it will begin accepting 2012 tax filings on January 30, 2013. Learn more in this Tax Tip.
Don’t Be a Victim this Tax Season
With tax season starting, identity thieves may prey on your lack of tax knowledge to obtain your identity information. Learn more in this Tax Tip.
Will Capital Gains Be Changed?
Capital gains and related issues make up approximately half of the tax code. Is reform in our future? Read all about it in this week’s Tax Tip.
Are We Headed for a Fiscal Cliff?
To understand the enormity of the fiscal cliff, here is a rundown of the more significant expiring tax provisions. Read all about it in this Tax Tip.
Increased MAGI Today May Equal Increased Medicare Premiums Tomorrow
Bil Lako, CFP® highlights how your modified adjusted gross income affects your Medicare Part B and prescription drug coverage premiums.
Keep Track of Meal & Entertainment Expenses
Meals and entertainment expenses may be tax deductible. The IRS has strict rules on what qualifies. Read more in this Business Tip.
Keep Track of Meal & Entertainment Expenses
Meals and entertainment expenses may be tax deductible. The IRS has strict rules on what qualifies. Read more in this Business Tip.