The 2014 mid-term elections are now in the history books, and one thing analysts from all ends of the political spectrum agree on; the Republican Party had a good night. The GOP not only took control of the U.S. Senate
The IRS announced that it will close a loophole that previously allowed employers to offer lower cost health plans that exclude coverage for physician services, inpatient hospitalization (or both). These plans are classified as “substandard” under the Affordable Care Act
As Americans, we should all celebrate veterans and take time to say “thanks” to all who bravely serve our country and put their lives on the line to protect our freedoms. It is entirely fitting that we celebrate veterans during
When we think about the federal income tax, we often look at the negative aspects of it; the IRS and its ability to audit any individual taxpayer any time, our requirement to file returns every April 15, etc. However, there
The Jumpstart Our Business Startups (JOBS) Act is a bipartisan piece of legislation that was signed into law in April of 2012. The law, which had several co-sponsors from both political parties, was intended to encourage funding of emerging growth
When you incorporate a business, the federal corporate tax rate tops out at 35% (depending on the company’s taxable income). State and local corporate taxes can bring that number up close to 50% depending on which state you decide to
A story from the National Journal claimed that the IRS would be delaying 2014 federal tax refunds until October 2015. The story looked entirely believable, with very plausible explanations as to how this could happen, even including quotes from White
Teach for America is a non-profit organization founded in 1989 with the mission to eliminate the education gap in America’s lower income communities. This is accomplished by bringing in recent college graduates (and other professionals) to teach in these communities
Ireland currently has one of the world’s lowest tax rates at 12.5%. This has helped lure hundreds of foreign companies to set up shop there in recent years, much to the dismay of the U.S. and neighboring European countries. Beyond
For years, entrepreneurs and small businesses have had essentially two choices for keeping their books; using an old fashioned ledger or using a computer software program such as QuickBooks, often with the assistance of a local accounting firm. Today, there
