Taxes

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April 27, 2014 

10 Mid-Year Tax Tips for Individual Taxpayers

Now that this year’s tax filing season for individuals is over, it’s time to concentrate on saving taxes in 2014. All too often, professional tax advisors don’t reach out to their clients until the very end of the year when it might be too late for them to implement meaningful tax planning strategies. Break up…

 Strategic Mid-Year Business Tax Tips

April 27, 2014 

Strategic Mid-Year Business Tax Tips

Traditionally, tax planning is targeted to individual taxpayers, but small business owners can also benefit from such tax-saving techniques. Instead of waiting until the very end of the year to pitch ideas to clients, present them with the following ten strategies at midyear.

 Doctors in Maine Stung by Income Tax ID Theft

April 25, 2014 

Doctors in Maine Stung by Income Tax ID Theft

A fraud scheme that appears to target the federal tax returns of doctors and other health care professionals has affected several hundred people in several states, including at least 35 doctors in Maine.

 Senate Bill Aims to Fix IRS Farm Equipment Expense Change

April 23, 2014 

Senate Bill Aims to Fix IRS Farm Equipment Expense Change

United States Senators John Hoeven, R-N.D., and Maria Cantwell, D-Wash., have introduced a bill to modify new IRS rules they say make it too difficult for family farmers and small business owners to deduct equipment repair and supply expenses.

 Oil & Gas Industry Creates Thousands of Jobs in California

April 22, 2014 

Oil & Gas Industry Creates Thousands of Jobs in California

The oil and gas industry creates about 49,000 jobs in Los Angeles County and billions in tax revenue in California. That's according to a new report conducted by the Los Angeles County Economic Development Corp. and commissioned by the trade group Western States Petroleum Assn., which takes a look at the role of oil and…

 Treasury Secretary to Visit Hard-Hit Detroit

April 22, 2014 

Treasury Secretary to Visit Hard-Hit Detroit

Treasury Secretary Jacob Lew will travel to Detroit later this week for talks with civic, business and nonprofit foundation leaders about how to help revitalize the bankrupt city.

 Florida Pension Reformers Merge Ideas

April 22, 2014 

Florida Pension Reformers Merge Ideas

House Republicans merged two pension bills Monday in a late effort to salvage House Speaker Will Weatherford's long-sought effort to close the Florida Retirement System to new employees and move them into a 401(k)-style investment plan.