by Dan Lucas | Jan 5, 2015 | Accounting & Business Services, Articles, Tax Strategies, Uncategorized
Estimated Read Time: < 1 minute – What pieces of ObamaCare are rolled back? The 2.3% medical device tax will be repealed next year. And the weekly hours needed to qualify as a full-time worker for purposes of the employer mandate will be raised from 30 hours to now...
by Jessica Light | Dec 29, 2014 | Uncategorized
Estimated Read Time: < 1 minute – Yes! Thanks to Congress, lawmakers had all year to reinstate the tax provisions that expired 12/31/13 but again waited until the last minute to decide anything for 2014. And, like last year, the IRS and tax software providers are...
by Jessica Light | Dec 19, 2014 | Articles, Tax Compliance, Tax Strategies, Uncategorized
Estimated Read Time: 2 minutes – Two days ago on December 16, Congress approved legislation extending the Section 179 rules for 2014. We are just waiting for the President’s signature, which is expected. Essentially, just for 2014, we return back to the...
by Dan Lucas | Dec 10, 2014 | Articles, Tax Compliance, Tax Strategies, Uncategorized
Estimated Read Time: < 1 minute – I visited my hometown, Chicago, this summer to attend the IRS Tax Forum 2014. While attending the forum I got to see the city a bit, and get the latest federal tax law updates. There were exhibits, continuing professional education...
by Dan Lucas | Nov 25, 2014 | Accounting & Business Services, Articles, News, Tax Compliance, Tax Strategies, Uncategorized
Estimated Read Time: 5 minutes – Many American taxpayers will end up owing the IRS money after a tax return is filed (especially the business owners &/or self-employed). Unfortunately, in many instances, this tax debt cannot immediately be paid in full. As a...
by Dan Lucas | Jun 19, 2014 | Articles, Tax Strategies, Uncategorized
Estimated Read Time: < 1 minute – A great article Credo wanted to share – AMT Tricks for Advisors by: Michael Kitces find it here...
