S corporations are corporations that elect to pass corporate income, losses, deductions and credit through to their shareholders for federalRead more.
2014 Tax Season Opens Jan. 31 for 1040 Filers
The 2014 tax season for individual taxpayers filing their 2013 tax returns opened on Jan. 31 this year, 10 daysRead more.
IRS Tips about Taxable and Nontaxable Income
Are you looking for a hard and fast rule about what income is taxable and what income is not taxable?Read more.
Health Care Issues
Think You Cannot Afford Health Insurance? Think Again. Starting in 2014, individuals and families can take a new premium taxRead more.
Reasons for S corp switch
Changing from a C corporation setup to the S corporation setup can be beneficial, but there are numerous factors toRead more.
Preserve Section 1031 exchanges The IRS has recently announced that it will be scrutinizing “Section 1031 exchanges” of real estateRead more.
Tax Break in small business law
Dear Friends of Our Firm, The Small Business Jobs and Act of 2010, signed by President Obama on Sept. 27,Read more.
Year-end tax moves for individulas for 2010
Dear Friends of Our Firm, It’s difficult to formulate a year-end plan in the current political environment. Nevertheless, following areRead more.
Advice to Clients in Uncertain Markets
In the “flash crash” on May 6, 2010, the Dow Jones Industrial Average dropped nearly 1,000 points only to recoverRead more.