3 tax traps when donating real estate to charity… If you’re considering donating a property to charity, here are three potential tax traps you need to be aware of:… More on this story
Employers: Have you amended your FSA plan? Health care Flexible Spending Accounts (FSAs) allow employees to redirect pretax income to an employer-sponsored plan that pays, or reimburses… More on this story
Don’t inadvertently miss filing deadlines… If you still file a paper return, it’s important to know the IRS’s “timely mailed = timely filed” rule: If… More on this story
Can I claim my elderly parent as a dependent? For you to deduct up to $3,900 on your 2013 tax return under the adult-dependent exemption, in most cases the… More on this story
Internship Leads to Shareholder for Justin Linscott of Holbrook & Manter, CPAs Holbrook & Manter, CPAs Professional Services Firm has a new Shareholder and has again proven the effectiveness of its college… More on this story
It’s not too late to make a 2013 contribution to an IRA. Tax-advantaged retirement plans allow your money to grow tax-deferred — or, in the case of Roth accounts, tax-free. But annual… More on this story
Survey Shows Manufacturers Upbeat About Future… WASHINGTON, D.C. , 03/10/14 – Manufacturers are showing the highest level of business optimism since late 2012, according to the latest National… More on this story
Your 2013 return may be your last chance for 2 depreciation-related breaks- If you purchased qualifying assets by Dec. 31, 2013, you may be able to take advantage of these depreciation-related breaks… More on this story
2013 higher education breaks may save your family taxes… Tax credits can be especially valuable because they reduce taxes dollar-for-dollar; deductions reduce only the amount of income that’s taxed…. More on this story
Does the New Surtax Apply to You? As of January 1, 2013, there is a 3.8% net investment income tax on some categories of passive investment income… More on this story
