What to do with Form 1095-A This year, you may receive one or more forms that provide information about your 2015 health coverage, such as forms 1095-A, 1095-B and 1095-C. Form 1095-A, Health Insurance Marketplace Statement, provides you with information … Continued
The Tax Code and its regs impose substantiation requirements that become more rigorous as the items of donated property increase in value. The basic rules are summarized in brief, below: Donations of money. A bank record or a written communication … Continued
Federal Tax Day – Current,T.1,TIGTA Warns of Largest Ever Phone Fraud Scam Targeting Taxpayers, (Mar. 24, 2014) The Treasury Inspector General for Taxpayer Administration (TIGTA) has issued a warning to taxpayers to beware of phone calls from individuals claiming to … Continued
Loans between shareholders and closely held corporations are subject to special tax scrutiny and if not properly documented, can produce adverse tax results. Loans from corporations to shareholders are the subject of an IRS Audit Technique Guide that stresses the … Continued
Our April 2016 client bulletin takes a look at: Deducting sales tax Making charitable donations from your IRA Higher education tax breaks Tax-free investment gains Click to download client bulletin.
Our March 2016 client bulletin takes a look at: The details of deducting charitable donations How to make tax-efficient IRA withdrawals, and The growing importance of cybersecurity for business owners Click to download client bulletin PDF.
Our February 2016 client bulletin takes a look at the intricacies of deducting interest paid, reaching the IRS during tax season, and the importance of portability in estate tax planning. Click to download client bulletin PDF.
Our January 2016 client bulletin takes a look at the tax deductions like state taxes and IRA contributions, as well as ways to approach selling your company to an “outsider”. Click to download client bulletin PDF.
Our December 2015 client bulletin takes a look at the tax impact of long-term investing, the estate planning benefits of a QTIP Trust, and how employers can prepare for the forthcoming ‘Cadillac Tax’ on high-end health insurance plans. Click … Continued
Our November 2015 client bulletin is all about what you need to know about year-end tax planning: Investment tax planning Family tax planning Retirement tax planning Charitable tax planning Business tax planning Estate tax planning Click to download client bulletin … Continued
