Taxation

By Steve Barlotta, CPA  Over the past few months, we have heard President Obama touting his proposal to impose a minimum 30 percent tax rate on individuals who make over a $1 million a year. You [...]

Well, April 17th has come and gone and we’ve survived another challenging tax season. We’ve spent the better part of the last two days preparing extensions for our clients. The [...]

By Steve Barlotta, CPA In last month’s blog I was very critical of Congress’ passing of a two-month stop gap measure extending the 2% payroll tax cut in Social Security and Medicare [...]

We all know that everyone has to file a tax return and pay their taxes, but does that apply to children, too? Many people may have heard of what is often referred to as the kiddie tax. Find out [...]

Check out this article from Kiplinger; it lists their top twelve reasons why individuals are selected by the IRS for audits. Even though the overall individual audit rate is only about 1.11%, you [...]

By Steve Barlotta, CPA Over the past few years, I have cautioned my S Corporation clients that the IRS are clamping down on owners that take a minimum salary. In fact, last year the IRS won a [...]

How many times have you asked yourself, “Have I got EVERYTHING I need to do my taxes?” This podcast covers all the data you might need and what you should do with it. [...]

With the New Year here, now is the perfect time to make some financial resolutions to help you ring in 2012 with confidence. While increasing savings and decreasing spending are always important [...]

By Steve Barlotta, CPA Last week I alerted my followers on LinkedIn and Twitter that a compromise had been reached to extend the Social Security payroll tax cut through the first two months of [...]

I came across this interesting website yesterday from the Tax Foundation. It allows you to pick a number of Republican presidential candidates and compare their tax policies side by side. [...]