Prior Year Tax Stories
Looking to save money on your taxes this year? It’s never too early to start planning ahead using these proven tax Continue reading Tax Planning Strategies for 2016
Are you one of the millions of Americans who hasn’t filed (or even started) your taxes yet and simply extended? With the April 18 tax filing Continue reading Last Minute Filing Tips for 2015
Compiled annually by the IRS, the “Dirty Dozen” is a list of common tax scams for 2016 that taxpayers may encounter in the coming months. While many of these scams peak during the tax filing season, they may be Continue reading Tax Scams for 2016
Most people file a tax return because they have to, but even if you don’t, there are times when you should because you might be eligible for a tax refund and not know it. This year, there are a few new rules for taxpayers Continue reading Who Should File a 2015 Tax Return?
Welcome, 2016! Welcome Tax Changes for 2016 as well! As the New Year rolls around, it’s always a sure bet that there will be changes to current tax law and 2016 is no different. From health savings accounts to retirement contributions and Continue reading Tax Changes for 2016 Checklist
Congress finally took action in late December and passed a tax extender bill formally known as the Protecting Americans from Tax Hikes Act of 2015 (PATH), which was then signed Continue reading 10 Tax Breaks for Tax Year 2015
Most people file a tax return because they have to, but even if you don’t, there are times when you should because you might be eligible for a tax refund and not know it. This year, Continue reading Who MUST File a Tax Return in 2014?
Welcome 2015! As the new year rolls around, it’s always a sure bet that there will be changes to current tax law and 2015 is no different. From health savings accounts to retirement contributions and standard deductions, here’s a checklist of tax changes to help you plan the year ahead.
Individuals
For 2015, more than 40 tax provisions are affected by Continue reading Tax Changes for 2015: A CFO Checklist
Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck are:
These optional standard mileage rates are used to calculate the deductible costs of Continue reading IRS 2015 Standard Mileage Rates
The Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2015.
In general, many of the pension plan limitations will change for 2015 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, other limitations will remain unchanged for 2015. Here are the highlights:
