On Wednesday March 4th, 2015, the U.S. Supreme Court heard oral arguments in King vs. Burwell, a case challenging the validity of the tax subsidies in the Affordable Care Act in the 37 states that did not set up their
Although we are in the middle of the 2014 tax filing season, it is never too early for businesses to plan their tax strategies for the coming year. Overall, most of the same business tax deductions will still be available;
Taxpayers who missed the February 15, 2015 deadline to enroll in a healthcare plan through the public exchange or face a penalty received some good news; a special enrollment period will be added, extending the deadline to April 30, 2015
There are always taxpayer phone and email scams going around throughout the year. However, they tend to intensify during the tax filing season. Scammers prey upon those that are most vulnerable such as the elderly, recent immigrants, and those whose
Tax season is in full swing, and for individuals, the critical date is April 15; tax returns for 2014 must be in by this date or taxpayers are subject to penalties on taxes owed. For businesses and self-employed individuals, however,
It is always a good idea to start preparing for tax day at the beginning of the year. You should have most of your W2s from employers, bank statements, and other documents needed to complete your 2014 return. Now it
Giving to our family, friends, church, and other charities is an important part of life. The gifts we give strongly reflect our values and what we deem to be important. Whom we give to is important to be sure, but
As we approach spring, most of us are focused on filing our 2014 taxes. However, it is never too early to start planning for next year. For example, if you are an employee, you may have a better idea of
A typical tax filing can be relatively simple if you are taking that standard deduction. However, a lot of taxpayers become confused if they do not have enough deductions to itemize but they want to deduct expenses for a home-based
1099 filing deadlines are fast approaching. The IRS requires that you send a 1099 to any independent contractor you paid over $600 to during the 2014 tax year. The deadlines are as follows: January 31: All 1099s must be received
