Congress returns and takes up some tax bills
After a five week recess, lawmakers returned to work in September
and took up several tax bills. While some tax bills moved out of
committee, their ultimate passage by both the House and Senate
First look at year-end tax planning
The approach of year-end 2015 makes it tax planning season. Tax law
developments in 2015 can affect, for example, the deduction of
costs and expenses, the treatment of contributions to tax-favored
FAQ: Can a taxpayer assign income to someone else?
Gross income is taxed to the person who earns it by performing
services, or who owns the property that generates the income. Under
the assignment of income doctrine, a taxpayer cannot avoid tax
October 2015 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important tax reporting and filing data for
Early planning can make 2012 filing season easier
The new year brings a new tax filing season. Mid-April may seem
like a long time away in January but it is important to start
preparing now for filing your 2011 federal income tax return.
FAQ: Does sick pay get any special tax treatment?
The term "sick pay" can refer to a variety of payments. Some of
these payments are nontaxable, while others are treated as taxable
income. Some of the taxable payments are treated as compensation,
FAQs: When can I deduct job-hunting expenses?
Job-hunting expenses are generally deductible as long as you are
not searching for a job in a new field. This tax benefit can be
particularly useful in a tough job market. It does not matter
Committed to Helping You Achieve Financial Success
Welcome and thank you for visiting my website. I’ve included a profile of my firm and the services I provide. Please make use of the helpful tools I’ve included for my valued clients and visitors such as the informative articles (in the Newsletters section) and interactive financial calculators (in the Financial Tools section). In addition, I’ve provided many links to external websites you may find of interest (in the Links section).
Please feel free to contact me with questions or comments - I would love to hear from you.