Taxes

November 15, 2017 

With over 10,000 taxing jurisdictions in this country alone, each with constantly changing laws, and the taxing jurisdictions of over 100 countries worldwide, it’s difficult to imagine one person or even one firm trying to keep abreast of all that ...

November 13, 2017 

The topic of costs is pretty simple — it’s easy to manually add up all the “known” costs associated with a product or service, and determine a price based on that number. What leads to complications are the “unknown” costs that don’t get accounted for.

November 7, 2017 

Job holders' wages grew by 4.4 percent and job switchers' wages grew slightly less by 3.3 percent year over year in the third quarter. On average, job holders' hourly wage levels were $10 more than that of job switchers. Tracking full-time workers ...

November 7, 2017 

The IRS urges all taxpayers to file a complete and accurate tax return by making sure they have all the documents before they file their return, including their 2016 tax return. This includes Forms W-2 from employers, Forms 1099 from banks and other ...

November 7, 2017 

The start of a new year is the perfect time to touch base with your clients or reach out to new ones. Don’t limit your discussion to traditional tax issues. Take the time to ask existing and prospective clients about their business plans overall.

November 7, 2017 

Recently, tax authorities have begun a wholesale shift in indirect tax compliance to enhance their collections and audit processes.

November 7, 2017 

Newly released financial documents about offshore account holdings by many of the world's elite has amplified calls for Trump to publicly release his income tax returns. The Paradise Papers, named so because they emerged from an off-shore law firm ...

November 7, 2017 

California homeowners could see savings up to a couple hundred dollars a year off their property tax bill, depending on the type of capture system they install, Glazer’s office said.

November 2, 2017 

The current graduated seven-bracket structure would be reduced to four rates of 12%, 25%, 35% and 39.6%. The previous plan was based on only three brackets with a top rate of 35% and didn’t specify income amounts. Thus, this new plans preserves the ...

Ken Berry, JD

November 2, 2017 

Twenty-seven states — plus Washington, D.C. — index their minimum wages to rise automatically with the cost of living. More states will index minimum wage increases annually, starting in the following years, like: Minnesota (2018), Michigan (2019) and ...

November 2, 2017 

The plan would also repeal the alternative minimum tax (AMT) and the estate tax, while preserving the current status quo tax deferred treatment of 401(k) and similar accounts.

November 2, 2017 

The amount of the penalty is based on when you file the correct information return or furnish the correct payee statement. The penalty for not filing a correct information return is separate from the penalty for not providing the correct payee statement.