Income Tax

 The ‘Busy Season’ That Almost Wasn’t

April 29, 2013 

The ‘Busy Season’ That Almost Wasn’t

As we wrap up another busy season, we have the chance to catch our breath and reflect on the past few months. When reflecting to the beginning of 2013, many of us recall the fear of the unknown on various tax guidance and advice we had given the previous year.

Steven M. Phelan

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April 24, 2013 

The Hidden Wallet: 5 things owners buy with a secret stash of cash

Most business owners buy annual tax and assurance services from their accountant easily enough, but when it comes to investing in business advice, owners can be hesitant. Entrepreneurs reckon they know their business better than anyone and many take the attitude “if it ain’t broke, why fix it?”

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April 19, 2013 

‘Tax Freedom Day’ arrived five days later this year

Tax day might have been Monday, but "Tax Freedom Day" arrived on Thursday, April 18, the 108th day of 2013, according to the Tax Foundation's annual calculation. Up until today, Americans have been working for the government.

 IRS Gives 3-Month Income Tax Filing and Payment Extension to Boston-Area Taxpayers as Result of Marathon Bombing

April 17, 2013 

IRS Gives 3-Month Income Tax Filing and Payment Extension to Boston-Area Taxpayers as Result of Marathon Bombing

WASHINGTON — In response to the Boston Marathon terrorist act, the Internal Revenue Service has announced a three-month tax filing and payment extension to Boston area taxpayers. This relief applies to all individual taxpayers who live in Suffolk County, Mass., including the city of Boston. It also includes victims, their families, first responders, others impacted...…

Isaac M. O'Bannon