Category

The Affordable Care Act: What To Expect Next

As of  mid-July, we are currently sitting in health insurance “limbo.”  The initial roll out of the Affordable Care Act, also known as Obamacare, is over. The 2015 open enrollment is a few months away and all is quiet on the insurance home front.   During this...

Don't fall for this #1 tax scam

Crooks wanting to steal your identity are using bogus e-mails and websites designed to look like genuine IRS communications.

Check your 2013 tax withholding

If you have a sizable refund of your 2012 taxes, it may be time for you to check your withholding. After all, when you overpay your taxes, you’re making an interest-free loan to the government.

Don't treat the IRS as your banker

When cash flow is tight, you may be tempted to pay your suppliers first and your payroll taxes last. The IRS will take steps to minimize the liability as quickly as possible. They also have a powerful weapon available to collect such taxes. Whether or not you own the...

Filing reminder for nonprofit organizations

Nonprofit organizations are required to file annual reports with the IRS. Those with gross receipts below $50,000 can file an E-postcard rather than a longer version of Form 990. The deadline for nonprofit filings is the 15th day of the fifth month after their...

Many tax deadlines fall on April 15

April 15, 2013  is a major tax day, with the following IRS deadlines falling on that date: * Individual income tax returns for 2012 are due. * 2012 partnership returns are due. * 2012 annual gift tax returns are due. * Deadline for making 2012 IRA contributions. *...