June 22, 2016

Summer Day Care Expenses Can Add Up To A Tax Credit

Did you know that you can claim a federal income tax credit when you pay someone to care for your kids while you’re at work or […]
June 15, 2016

What You Need To Know About Hiring Seasonal Workers

If summertime is a busy time for your business, you may be ready to hire seasonal workers. Here are tax rules to keep in mind. ● […]
June 8, 2016

New Overtime Rules Finalized

The Department of Labor has published a Final Rule to the Fair Labor Standards Act on overtime pay protections for EAP (executive, administrative, professional) employees.  The […]
June 8, 2016

Second Estimate Tax Payment Due

Review and pay your 2016 individual estimated tax before June 15. That’s the due date for making the second payment.  
May 31, 2016

Luxury Auto Depreciation Limits for 2016

The IRS recently issued the depreciation limits for business vehicles you buy and place into service this year. For cars, if 50% bonus depreciation does not […]
May 25, 2016

Don’t Lose Part Of Your IRA Inheritance To Penalties

If you inherit an Individual Retirement Account from someone other than your spouse, you may be surprised to learn you have to take distributions. That’s generally […]
May 18, 2016

Keep Track Of Summer Rental Income

Are you thinking of signing up with one of those websites that link travelers to property owners with space to spare? If you plan to offer […]
May 9, 2016

NonProfit Annual Returns Due

May 16, 2016, is the deadline for filing annual information returns for nonprofit organizations. Missing the due date three years in a row means losing tax-exempt […]
May 4, 2016

Include Your Tax Paperwork In Your Spring Cleaning

Looking to minimize clutter? Here are recordkeeping guidelines that will help you do just that while retaining what’s important. ●  Income tax returns. Keep these at […]