Income Tax

US Senate 1  54b9719e3d9b1

January 16, 2015 

Is the Senate Really Serious About Income Tax Reform in 2015?

In a joint press release issued on January 15, the highest-ranking members of the Senate Finance Committee (SFC) – new chairman Orrin Hatch (R.-UT) and previous chairman Ron Wyden (D.-OR) - announced the launch of five separate “working groups” devoted...

 Tax Break for Small Business Stock Could Disappear in 2015

January 9, 2015 

Tax Break for Small Business Stock Could Disappear in 2015

If you were smart enough to buy qualified small business stock (QSBS) last year, you’re halfway home to a unique tax break. Now comes the hard part: You have to hold the stock for at least five years before you sell it. If you do, your entire gain is tax-free! The tax break for QSBS...…

medical bills

January 7, 2015 

7 Tips to Keep Medical Bills in Check

Debt collection is the top complaint the Consumer Financial Protection Bureau has received since September 2013. Out of all debt types, medical collections make up 52 percent of collection accounts on credit reports, far outpacing all other types of debt.