As you’ve probably already seen on the news, there is a law that most Americans are required to carry health insurance for themselves and their dependents on January 1, 2014, or pay a penalty when they file their tax return. This is known as the Individual Mandate of the […]
It might not be as exciting as deer season or football season, but tax season opens this year on Jan. 30th. Following the January tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the IRS recently announced that plans to open […]
We had a client recently ask if distributions from an MSA are reported with the Form 1040. Below is some important information that we hope will help answer this question for anyone with this same question. As always, consult with your tax professional for how […]
Summertime is a time that a lot of taxpayers are relocating for job changes, so we thought this would be a good time to cover some of the expenses that you may be able to deduct on your tax return. This list may not include […]
If your payroll tax deposit rule is semimonthly, it is time to schedule your tax deposit using EFTPS for payrolls on August 1st to the 3rd. This is due on August 8th. This is the type of reminder you can get right on your Facebook […]
