By Steve Barlotta, CPA I know I’ve been hitting the topic of “tax fairness” pretty hard lately. And I realize you’ve probably heard this subject discussed ad nauseum [...]
By Steve Barlotta, CPA If you’re contemplating making sizeable gifts of your assets, now would be the time to get the ball rolling. That’s because the current federal tax exemption on [...]
By Steve Barlotta, CPA In a blog that I posted last July, I explained in detail the two biggest Obamacare tax increases starting in 2013. The first one is a .9% Medicare surtax on earned incomes. [...]
In this highly charged election year, much of the debate has centered around the subject of economic fairness in the U.S. tax code. We’ve heard the President on the campaign stump bemoaning [...]
By Steve Barlotta, CPA Our current tax code allows taxpayers to deduct mortgage interest on their second homesĀ and home equity loans. Recently, a bipartisan fiscal reform commission has mentioned [...]
By Steve Barlotta, CPA In my last blog I mentioned that a few weeks ago the U.S. Supreme Court ruled to uphold most of the components of the Patient Protection and Affordable Care Act of 2010; [...]
With the complexities of our tax laws ever-increasing, it’s no surprise that small businesses are spending more and more time on their federal taxes. According to a survey from the National [...]
It was billed as the IPO of the century; a once in a lifetime investment opportunity to get in on the ground floor of this social media phenomenon. Nearly two weeks after its initial $38 stock [...]
Do you really know how much you pay in taxes? When clients ask me this, it’s really a loaded question. I often talk about the “effective tax rate” paid for federal and state [...]
With all the chatter in Washington about reforming our tax code, is it possible that some of our best tax deductions can go by the wayside? For years we’ve been hearing about concepts like [...]