Recent News
Bringing you current news stories in a variety of fields.
Tax Extenders You Can Count On (maybe)
Beware of Expiring Tax Breaks Even though the tax extenders have been known since the end of last year, and there is general bipartisan agreement
Traditional Year-End Strategies (Part 3)
The Additional Medicare Tax increases the employee share of the Medicare tax by an additional 0.9% of covered wages in excess of certain threshold amounts.
Traditional Year-End Strategies (Part 2)
Net Investment Income (NII) Tax Since 2013, taxpayers with qualifying income are liable for the 3.8% net investment income (NII) tax. The threshold amounts for
Traditional Year-End Strategies
Year-end 2014 presents unique challenges. At the same time, traditional year-end planning techniques nevertheless remain important both to maximize benefits in connection with what’s new
Tax Extenders will soon be getting some attention
As a result of the mid-term elections, several tax issues are likely to take center stage as areas of bipartisan compromise between the Obama administration
Michigan Sales Tax & W/H – 2015 Electronic Filing Requirements
2015 will be here sooner than we realize and there are some changes for next year regarding the State of Michigan. They are requiring businesses
Annual cost-of-living adjustments for retirement plans in 2015
The Internal Revenue Service posted the annual cost-of-living adjustments for pension plans and other retirement plans for 2015, allowing taxpayers to contribute up to $18,000
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