Uncategorized

Tip of the Hat We may be a tax and accounting practice, but long before we fell in love with taxes, we were and are serious animal lovers. That is why it warmed our hearts to see this latest from the National Institute of Health. Read on… http://www.mnn.com/earth-matters/animals/stories/us-puts-end-all-experiments-chimps

The IRS is proposing new regulations for groups seeking 501(c)(4) nonprofit status. This designation was the focus of a Treasury Inspector General for Tax Administration investigation of IRS handling of Tea Party-affiliated organizations seeking the preferable tax status. During subsequent congressional hearings, it was learned that more liberal, progressive groups also were targeted by IRS…

The Internal Revenue Service announced the availability of several new YouTube videos to help taxpayers get important information about the Affordable Care Act and tax return filing. More information on the tax provisions of the Affordable Care Act is available at IRS.gov/aca, where viewers can also find Health Care Tax Tips.

September 15 E-file deadline for filing  Partnerships, LLC’s, and all corporations on extension. October 15 E-file deadline for 1040 returns on extension Don’t be late. The penalties are not worth it…

The Affordable Care Act is a mindbender. In attempts to help the regular Joe and before we get to a full list of taxes, here is a quick overview of the key tax related provisions that may affect those without insurance, those who plan to go without insurance, and those who are struggling to afford…