Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
February 27, 2014
10 Key Points to Know About Tax Reform Proposal in Congress
Tax reform is back in on the table. On February 26, 2014, U.S. Representative Dave Camp (Rep.-Mich.), the chairman of the House Ways & Means Committee, released a much-anticipated draft of a major tax overhaul. Camp’s proposed reforms, which were three years in the making, reflect bipartisan efforts to simplify the tax code and provide…
February 27, 2014
What’s In (And Not In) Your Social Security Account?
Someone just asked TaxMama if there is a way to get her father’s earnings information from back in 1977-78. She needs it because his income in those years is not on his Social Security record.
February 27, 2014
How to Increase Retirement Savings
It’s never too late to begin. The sooner you start contributing to your employer-sponsored retirement plan or IRA, the better your chances for building a significant savings cushion.
February 27, 2014
ObamaCare’s Evolution… The Top 10 Changes (So Far)
With about a month to go before the open enrollment period for Obamacare ends – the official deadline is March 31, 2014 – the federal government continues to tweak the rules for the landmark healthcare legislation.
February 27, 2014
Tax Preparers Urged to Help People Enroll in Healthcare, aka Obamacare
According to a new report prepared on behalf of the Urban Institute for the Robert Wood Johnson Foundation, the impetus for covering more taxpayers under Obamacare could come from an intriguing source: Tax return preparers.
February 27, 2014
What Facebook’s Acquisition of WhatsApp Means for Firms
Every product line (or service, or industry) begins at introduction, when a handful of early adopters begin to use it. This stage requires a lot of investment with little profitability. If the product survives this stage – and most do not – sales and profits begin to pick up as the product grows in popularity…
February 27, 2014
Income Taxes for Retirees: Easier, But Still Complex for Some
Think taxes get a lot easier when you retire? Like everything else in life, it depends, especially since the tax aspects of Social Security, 401(k) withdrawals and IRAs can get pretty confusing.
February 27, 2014
Report Shows Top Business Travel Expenses for 2013, Plus Most Used Restaurants, Hotels
Business expense trends show top restaurants and traveler favorites, and the results of its latest business spending report, covering the fourth quarter of 2013.
February 27, 2014
Lose Some Tax Documents? Here’s How to Replace Them
Across the United States, millions of people are gathering their W-2s, 1099s, receipts, business expenses, mortgage and brokerage statements, student loan records and other documents they need to file their taxes.
February 26, 2014
AICPA and CPA Canada Team Up On Forensic Advisory Services
New agreement gives CPAs in both countries access to same resources, credentials in rapidly growing, highly specialized practice areas.
February 26, 2014
Non-Profit Entities Asked To Identify Best 403(b) Practices
Non-profit organizations that sponsor 403(b) plans have an opportunity to find out how their retirement program compares to others across the nation by participating in the 2014 Plan Sponsor Council of America (PSCA) 403(b) Plan Survey .
February 26, 2014
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