April

Showing 49–56 of 56 results

  • Excluding gain on qualified small business stock

    April 2013
    Newsletter: Tax & Business Alert

    Price: $225.00, Subscriber Price: $157.50

    Word count: 155

    Abstract: A beneficial tax provision to exclude 100% of the gain from the sale of qualified small business stock (QSBS) was extended for two years by the American Taxpayer Relief Act of 2012. This brief article notes that status as a qualified small business corporation is an opportunity to save taxes, but only if the fairly restrictive qualification requirements can be met.

    Read More

  • Tax calendar

    April 2013
    Newsletter: Tax & Business Alert

    Price: $225.00, Subscriber Price: $157.50

    Word count: 227

    Abstract: This article looks at three tax deadlines for the first half of 2013.

    Read More

  • Impact of higher individual federal tax rates

    April 2013
    Newsletter: Tax & Business Alert

    Price: $225.00, Subscriber Price: $157.50

    Word count: 408

    Abstract: Media outlets have focused a great deal of attention on the topic of increased individual federal tax rates. Most wage earners have seen their take-home pay shrink due to higher payroll taxes, but high-income taxpayers are really feeling the pain of higher tax rates in addition to new taxes. This article discusses tax rates under the Patient Protection and Affordable Care Act of 2010 and the American Taxpayer Relief Act of 2012.

    Read More

  • Tax ramifications of owning a second home

    April 2012
    Newsletter: Tax & Business Alert

    Price: $225.00, Subscriber Price: $157.50

    Word count: 438

    Abstract: Regardless of whether one uses a second home for personal or for investment purposes, planning for its tax implications will enable ownership of the property in the most tax-efficient way possible — or, if the purchase is somewhat tax driven, maximization of the allowable deductions the property generates. A second home can fall into one of three categories for tax purposes, depending on how it is used: personal residence, vacation home, or rental property. This article discusses the tax ramifications of each.

    Read More

  • Roth IRAs for kids

    April 2012
    Newsletter: Tax & Business Alert

    Price: $225.00, Subscriber Price: $157.50

    Word count: 624

    Abstract: For those who have a child who works, it’s worth encouraging him or her to use some of the earnings for Roth IRA contributions. This article offers examples of how even modest contributions can grow to large amounts, and explains why a Roth IRA is generally preferable to a traditional IRA for those in this age group.

    Read More

  • IRS reopens Offshore Voluntary Disclosure Program

    April 2012
    Newsletter: Tax & Business Alert

    Price: $225.00, Subscriber Price: $157.50

    Word count: 71

    Abstract: This one-paragraph article notes that the IRS has reopened the Offshore Voluntary Disclosure Program (OVDP) to help taxpayers hiding offshore accounts get current with their taxes.

    Read More

  • Taxpayer Advocate’s report

    April 2012
    Newsletter: Tax & Business Alert

    Price: $225.00, Subscriber Price: $157.50

    Word count: 216

    Abstract: In her annual report to Congress, National Taxpayer Advocate Nina E. Olson identified the combination of the IRS’s expanding workload and declining resources as the most serious problem facing taxpayers. The result, the report says, is inadequate taxpayer service, erosion of taxpayer rights, and reduced tax compliance. This article discusses her concerns.

    Read More

  • 50% disallowance rule for meals and entertainment

    April 2012
    Newsletter: Tax & Business Alert

    Price: $225.00, Subscriber Price: $157.50

    Word count: 339

    Abstract: Generally, only half of otherwise allowable business meal and entertainment expenses are deductible on one’s federal tax return. This article describes specific expenses that are or are not included and discusses the tax treatment of expense reimbursements or allowances under an accountable vs. a nonaccountable plan.

    Read More