Obama Threatens to Veto Tax Extenders

Obama Threatens to Veto Tax Extenders

As attempts to wrap up permanent tax-break extensions for corporations, college students and residents of states without income taxes were in progress. Obama stepped in and voiced his concern that these proposed tax extensions would not benefit low-income families at...
Ebola Chartity and Expense Tax Breaks

Ebola Chartity and Expense Tax Breaks

President Obama finally addressed the public stating that the Ebola Virus outbreak in West Africa is a public health emergency,a humanitarian crisis, and a national security priority. His belief is in order to keep us safe here at home, we need to stop it at the...
Tip Areas Hit By Scam Calls

Tip Areas Hit By Scam Calls

Even if the caller ID shows the call is from the Internal Revenue Service, don’t believe it! These con artists that are targeting innocent taxpayers have spoofed the IRS phone numbers which can actually be routed from anywhere in the US. The crooks will either call...
Tax Tools for Your Clients

Tax Tools for Your Clients

Here are a few tools that your clients may or may not fully comprehend. If you can help them understand the possible benefits then they may be able to do some of this research themselves and know what to do to better their tax future. Contributions to 401K –...
Clarification from IRS on Mass Transit Passes

Clarification from IRS on Mass Transit Passes

The Internal Revenue Service has released a new revenue ruling on mass transit passes provided as fringe benefits to employees, how they are paid for and/or reimbursed. Reveue Ruling changes what the IRS’s earlier guidance on employee qualified transportation...