It is truly a difficult task to run a successful business no matter what industry you operate in. A successful business operation that is able to sustain its success over the long term is rarer than you might think. Several … Continued
The initial tax filing deadlines are past. Many of you have filed your 2014 income tax returns at this point while several of you still need to complete your 2014 returns. In either case, you would be wise to … Continued
The corporate tax deadline has recently passed and the individual, partnership and fiduciary filing deadlines are fast approaching on April 15th. Tax deadlines can definitely create stress and uneasiness for taxpayers and tax preparers alike. There are many remedies for … Continued
I have a number of tax clients cross my doorstep or contribute to my inbox throughout the course of a tax filing season. They come with various perspectives and attitudes about what the result of efficient tax planning should be. Of course, … Continued
The Patient Protection and Affordable Care Act, also referred to as Obamacare, was originally enacted in 2012 and its effects will begin to be felt more clearly when filing our 2014 income tax returns. This is mainly due to the … Continued
As of today, the tax extenders bill has passed the House and Senate and is awaiting President Obama’s signature. The word is that the President will sign the bill and it will become law. The bill extends almost all the … Continued
More than any other time of year, the holidays tend to bring out the charitable side in many of us. I am a strong advocate of charitable giving. Through these benevolent donations, many wonderful causes are funded and much good is … Continued
As has become the norm, unfortunately, in recent years, taxpayers are once again left this year to speculate on whether or not Congress will extend several tax provisions that affect businesses and individuals. It has become accepted for our elected … Continued
We have numerous clients who own businesses as well as many clients who do not. Regardless of whether you own a business or not, conducting year-end tax planning now can pay big dividends for you next year when you file … Continued
Recently, I have noted an increase in the instances when I am contacted by a client asking if a phone call or letter they received “from the IRS” is legitimate or not. You likely have seen news headlines regarding the … Continued