Insights
IRS Now Offering Direct Pay
The IRS is now offering an easy way for taxpayers to make estimated tax payments or pay their tax bill. Rather than having to register through EFTPS, Direct Bill is now available. Check out the link here.
23 May, 2014Key Tax Provisions 2012 – 2014
The following tables summarize key provisions of the tax code for all business types for years 2012 – 2014 as produced by the Land Grant University Tax Education Foundation. 2014’s rates and amounts are unofficial estimates: Individual and Business Tax Rate Schedules Retirement Plan Tax...
02 December, 2013IRS Offers Tax Relief to Tornado Victims
After Monday’s (May 20th, 2013) devastating tornado in the Oklahoma City area, the Internal Revenue Service today provided tax relief to individuals and businesses affected by this and other severe storms occurring in parts of Oklahoma. Read more.
23 May, 2013Summary of the American Taxpayer Relief Act of 2012
President Obama has signed into law the American Taxpayer Relief Act of 2012 that allows tax rates to rise on the nation’s highest earners while also extending dozens of tax cuts for individuals and businesses. For a one page summary of certain highlights, read more.
17 January, 2013Important Tax Figures for 2013
Every year, the dollar amounts allowed for various federal tax benefits are subject to change based on inflation adjustments and legislation. Here are some important tax figures for 2013, compared with 2012, including the estate tax exemption, Social Security wage base, qualified retirement plan and...
17 January, 2013IRS Pinpoints Latest Audit Targets
The IRS is on the lookout for certain items when choosing tax returns to audit. This article details some of the current and on-going individual and business audit targets based on recent IRS tax forums. Read More
22 October, 2012Charitable Gifts of Property: Follow Stringent Rules to Ensure Deductions
There are tough requirements under federal tax law for deducting charitable gifts of property on your tax return. If you don’t follow all the rules, you could lose a deduction. Learn more about the tax law as well as a specific court case highlighting some key concepts. Read...
27 August, 2012Details on the Supreme Court’s Health Care Ruling
The Supreme Court’s June 28 ruling that upholds the healthcare law has significant implications for individuals, businesses, insurance companies and the nation’s medical system. Here is a look at the High Court’s decision, along with 10 ways the law may affect you. Read More
02 July, 2012Tax Identity Theft is a Growing Problem
There are so many different ways for criminals to commit identity theft, including stealing a person’s identity by filing tax returns in his or her name. The number of tax identity theft cases has skyrocketed in the past few years, according to a recent government...
04 June, 2012Five Apps to Help You File Your Taxes
If you have a very simple tax return (1040EZ), check out the link below to a listing of some very helpful apps that will help you: track your receipts check the status of your refund file your tax return with your iPad For a complex return or any questions you...
05 April, 2012
