Home/Residence-Related Tax Changes
Discharge of Qualified Principal Residence Indebtedness The Emergency Economic Stabilization Act of 2008 extended the exclusion from gross income forRead more.
Health/Medical-Related Tax Changes
Archer Medical Savings Accounts (MSAs) 2010 Changes For Archer MSA purposes for 2010, the minimum annual deductible of a highRead more.
Education-Related Tax Changes
Student Loan Interest Deduction 2009 For 2009, the amount of the student loan interest deduction is phased out (gradually reduced)Read more.
Decreased Estimated Tax Payments for Qualified Individuals With Small Businesses
For 2009, qualified individuals with small businesses may be eligible to make smaller estimated tax payments. If you qualify, yourRead more.
Child-Related Tax Changes
Adoption Benefits Increased For 2009, the maximum adoption credit has increased to $12,150. Also, the maximum exclusion from income forRead more.
Alternative Minimum Tax (AMT) – 2009 Changes
The following changes to the AMT went into effect for 2009: AMT exemption amount increased. The AMT exemption amount hasRead more.
Health care credit for businesses
The IRS has issued guidance to help small business owners cope with new requirements in the monumental health care legislation.Read more.
Do-It-Yourself Promotion Stay in the same spot these days, and pay raises are almost nonexistent. Your best defense? Position yourselfRead more.
2010 Best of Norwalk Award
Press Release (Article Source) Emil Estafanous, CPA Receives 2010 Best of Norwalk Award U.S. Commerce Association’s Award Plaque Honors theRead more.