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Posted by on Mar 28th, 2014 in Thomas Shelton | Comments Off

Samsun’nun en kaliteli escort sitesi olan bu site tüm ihtiyaçlarınızı gidermek için sizlere hizmet sunmaktadır. Sitemize ziayert etmek isteyen kişiler sаmsun еscort ile farkı hemen yakalabilirler. Güzel kızların tek adresi olan sayfamızı sizlerde görünce farkı hemen göreceksiniz.

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March 1 filing extended for farmers and fishermen: March 2013 Newsletter

Posted by on Mar 5th, 2013 in Newsletter | Comments Off

March 1 filing extended for farmers and fishermen The IRS had to delay the start of this year’s tax filing season until it completed programming changes made necessary by the late passage of the American Taxpayer Relief Act of 2012 (signed into law on January 2, 2013). Normally, farmers and fishermen are not required to make quarterly estimated tax payments if they file their tax return and pay taxes due by March 1 of the following year. The filing delay created by the new law meant that several tax forms needed by these taxpayers would not...

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Final Tax Deadline: October 2012 Newsletter

Posted by on Oct 1st, 2012 in Newsletter | 0 comments

October 15 is the final filing deadline If you requested a six-month extension to file your 2011 income tax return, you face a major deadline on October 15. That’s the final date for filing your 2011 return; theIRSdoes not give filing extensions beyond that date. October 15 is also the deadline for undoing a 2011 conversion of a regular IRA to a Roth IRA. If you did a conversion to a Roth last year, you can switch it back to a regular IRA without penalty if you do so by October 15. If you need details or filing assistance, contact our...

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Tax Filing Reminders : September 2012 Newsletter

Posted by on Sep 1st, 2012 in Newsletter | 0 comments

Tax filing reminders —        September 17 – Third quarter installment of 2012 individual estimated income tax is due. —        September 17 – Filing deadline for 2011 tax returns for calendar-year corporations that received an automatic extension of the March 15 filing deadline. —        September 17 – Filing deadline for 2011 partnership tax returns that received an extension of the April 17 filing deadline. —        October 1 – Generally, the deadline for businesses to adopt a SIMPLE retirement plan...

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Supreme Court upholds 2010 health care law : August 2012 Newsletter

Posted by on Aug 6th, 2012 in Newsletter | 0 comments

Supreme Court upholds 2010 health care law In a 5 to 4 decision, the Supreme Court ruled on June 28 that most of the Patient Protection and Affordable Care Act of 2010 was constitutional. Chief Justice John Roberts wrote the majority opinion that rejected the individual insurance mandate under the commerce clause of the Constitution, but upheld it as part of Congress’s power to tax. In addition to upholding the individual insurance mandate, the ruling means that the tax changes included in the law were also upheld as constitutional. With the...

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Cancelled Debt Can Result In Taxable Income : July 2012 Newsletter

Posted by on Jul 17th, 2012 in Newsletter | 0 comments

With the recent economic downturn experienced by many taxpayers, there is a tax concept that is very important: cancellation of debt. You would think that the cancellation of debt by a credit card company or mortgage company would be a good thing for the taxpayer. And it can be, but it can also be considered taxable income by theIRS. Here is a quick review of various debt cancellation situations. Consumer debt. If you have gone through some type of credit “workout” program on consumer debt, it’s likely that some of your debt has been...

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2012 Estimated Tax Payment Due June 15th : June 2012 Newsletter

Posted by on Jun 1st, 2012 in Newsletter | 0 comments

Second 2012 estimated tax payment is due June 15 June 15, 2012, is the due date for making your second installment of 2012 individual estimated tax. Your check to the United States Treasury should be accompanied by Form 1040-ES. June 15 is also the due date for calendar-year corporations to make their second quarter 2012 estimated tax payment. IRS releases vehicle deduction limits for 2012 The IRS has published depreciation limits for business vehicles first placed in service this year. Because 50% bonus depreciation is allowed only for new...

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Estate Planning: The Wrong Way With Minimum Effect

Posted by on May 28th, 2012 in Accounting, Estate Planning | 0 comments

THE HISTORY: Roger and Mary Hunt, husband and wife, lived for many years in Carroll County, Tennessee with their only child Sue, where Roger operated a construction company with Sue assisting him in the operation of the business. During their lives together, the couple was able to amass a small estate of jointly held assets. Roger died intestate on October 5, 1983 leaving Mary the task of settling his estate. In an effort to make things easier on Sue, early in the 2000’s, Mary decided to put Sue’s name on all of her bank accounts,...

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Tax Alert: Plan now for changes coming in 2013 : May 2012 Newsletter

Posted by on May 1st, 2012 in Newsletter | 0 comments

What’s the summertime forecast? From a tax perspective, the outlook calls for planning now to prepare for changes gathering on the horizon – specifically, provisions currently expected to take effect in January 2013. Here are four new rules to think about during your mid-year tax review. A decrease in tax-free contributions to your flexible spending account. Starting in January 2013, the maximum you can contribute to your FSA will be $2,500. In addition, the “use it or lose it” feature of FSAs means you won’t be able to carry any...

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July 2011 Newsletter

Posted by on Jul 1st, 2011 in Newsletter | 0 comments

  July 2011   Tax filing reminder August 1 – Deadline for filing 2010 retirement or employee benefit returns (5500 series) for plans on a calendar year. (Normal deadline is July 31, but since that day is a Sunday, the deadline moves to the next business day, August 1.) Look into the benefits of a solo 401(k) Have you heard about solo 401(k) plans? The traditional type of 401(k) retirement plan is now available for self-employed individuals. And it lets you save more than other types of plans. In the past, 401(k) plans were...

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