Income Tax

January 7, 2015 

The New Year isn’t just a time for revelry, it’s also a landmark for new beginnings. Folks around the world make promises to themselves and loved ones about how they plan to change their lives for the better. That’s why the gym always seems so crowded in January, while the job market gets flooded with...…

January 6, 2015 

As you’re probably well aware of by now, Congress passed a “tax extenders” bill late in 2014 preserving dozen of expired tax provisions. Among other tax breaks, the Tax Increase Prevention Act of 2014 (TIPA) authorizes employers to claim tax credits ...

January 6, 2015 

What’s the projected tax forecast for 2015? Currently, it appears to be cloudy with a chance of tax reform. But keep in mind that the climate for significant tax change is usually unpredictable.

January 5, 2015 

Printable IRS Employers Tax Guide.

January 5, 2015 

While millions of American taxpayers wait for their W-2, 1099 and other important tax documents to arrive in the mail, their thoughts turn to the often-dreaded prospect of filing their 2014 tax returns.

January 5, 2015 

Thomson Reuters Checkpoint has released a new special report, Tax Increase Prevention Act of 2014 Extends Many Tax Breaks Through 2014 and Provides for New Tax-Favored “ABLE” Accounts for Disabled Individuals. The report looks at the year-end tax package

January 2, 2015 

It's almost that time of year again... Tax season. And one of the top-searched questions each new year, at least until around April 15, is "When can I expect my income tax refund?"

January 1, 2015 

The year 2014 may be officially in the past, but there's still time for many Americans to gain notable tax savings.

December 29, 2014 

Following the passage of the extenders legislation, the Internal Revenue Service announced today it anticipates opening the 2015 filing season as scheduled in January.

December 26, 2014 

For parents who have children in college, or for the students themselves, there may be at least one more check you should send out before the end of the year: the tuition payment for the upcoming semester. By paying this bill before 2015, you may ...

December 26, 2014 

Under the new tax law signed by the president on December 19, taxpayers can claim an optional tax deduction on their personal 2014 returns for state sales tax paid this year. And the sales tax you pay on a vehicle – usually, a significant amount – may ...

December 26, 2014 

The time for clients to take required minimum distributions from their IRAs is rapidly dwindling. They have until December 31, 2014 to arrange for an RMD for the 2014 tax year. Otherwise, they could be slapped with a stiff tax penalty.