How to Guard Against Child Identity Theft
Unfortunately, children can also be victims of identity theft. Should you be worried if your child begins to receive offers for pre-approved credit cards? It sounds annoying, but nothing to be [...]
Employer Health Insurance Reimbursements
Many small businesses not offering group health plans have reimbursed their employees for individual policies, or for coverage purchased on the recently formed Obamacare exchanges. Some companies [...]
Who Takes the Dependency Tax Deduction?
If you or a member of your household is a college student or returned to school for additional training in the past year, there are important tax considerations to discuss with your CPA as you [...]
IRS Commissioner Predicts Miserable 2015 Tax Filing Season
Oh this is going to be a lovely tax season. Last week, Internal Revenue Service commissioner John Koskien warned that nearly half the people trying to reach the IRS by phone will not be able to [...]
Foreign Accounts & The IRS
If you own or have signature authority over an overseas bank or financial account, there’s a good possibility that you need to disclose this information annually to the Internal Revenue [...]
Don’t Make These Five Common IRA Mistakes
About 40 percent of U.S. households – nearly 50 million – own individual retirement accounts (IRAs), which provide tax-advantaged options for saving for your retirement years. Be sure to avoid [...]
Five Disaster Planning Steps for Small Businesses
Could your business bounce back if a disaster occurred? A minimum of 25 percent of small to mid-sized businesses that close temporarily due to a natural or other disaster ultimately never reopen, [...]
2015 Retirement Plan Contribution Limits
Recently, the Treasury Department announced inflation-adusted contribution limits for retirement accounts for 2015. The good news is that contributions were increased for 401(k), SEP-IRA and [...]
