Employers – Give your employees their copies of Form W-2 for 2014 by February 2, 2015. If an employee agreed to receive Form W-2 Continue reading February 2015 Tax Calendar
For the last few months, because of the decline in market value of Bitcoin, there has been less talk and enthusiasm about “investing” in Bitcoin, or “hedging inflation” with Bitcoin.
However, Bitcoin may rebound and this Bitcoin Fever may well re-appear with constant discussion and debate regarding Continue reading Bitcoin is Property on Federal Taxes
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
Some natural disasters are more common in the summer. But major events such as hurricanes, tornadoes and fires can strike at any time, so it’s a good idea to plan for what to do in case of a disaster. You can help make your recovery easier by keeping your tax and financial records safe. Here are some basic steps you can take now to prepare:
During January
All employers – Give your employees their copies of Form W-2 for 2014 by February 2, 2015. If an employee agreed to receive Form W-2 electronically, post it on a website accessible to the employee and notify the employee of the posting by February 2.
January 12
Employees – who work for tips. Continue reading Tax Due Dates for January 2015
Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination?
Not quite. You can’t let your business run on autopilot and expect good results. Any business owner knows you need to make numerous adjustments along the way – decisions about pricing, hiring, investments, Continue reading Cost Analysis for Business Success
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:
Whether you file as a corporation or sole proprietor here’s what business owners need to know about tax changes for 2014.
Standard Mileage Rates
The standard mileage rates in 2014 are as follows: 56 cents per business mile driven, Continue reading Review: 2014 Tax Provisions for Businesses
From tax credits and educational expenses to the AMT, many of the tax changes affecting individuals for 2014 were related to the signing of the American Taxpayer Relief Act (ATRA) in 2013–tax provisions that were modified, made permanent, or extended. With that in mind, here’s what individuals and families need to know about Continue reading Review: 2014 Tax Provisions for Individuals
