by mariettacp | Jul 5, 2012 | Money Tips, Tax Planning
Small businesses—defined as businesses with 25 or fewer employees and average annual wages of $50,000 or less—would be eligible for a credit of up to 50% of nonelective contributions the business makes on behalf of their employees for insurance premiums. (Effective...
by mariettacp | Jul 3, 2012 | Money Tips, Tax Planning
Refundable tax credits that eligible taxpayers can use to help cover the cost of health insurance premiums for individuals and families who purchase health insurance through a state health benefit exchange. (Effective 2014.)
by mariettacp | Jan 3, 2012 | Money Tips
The typical investment advice at year-end is to sell losing stocks to offset gains you have taken for the year. This year that strategy may just be the wrong way to go. Here’s why. The maximum rate on long-term capital gains is scheduled to rise from the current...
by mariettacp | Sep 22, 2011 | Money Tips
September 22nd 2011 by Andrew Poulos As the economy has taken a downturn and tax revenues have declined, Congress and the Treasury Department have put the pressure on the IRS to generate additional tax revenues. As a result, the IRS has issued its opinion regarding...
by mariettacp | Sep 1, 2011 | Money Tips
Governor Mitch Daniels a few weeks ago signed HB 1004, reducing Indiana’s corporate income tax rate from 8.5 percent to 6.5 percent, a decrease of nearly 25 percent. The measure, sponsored by Sen. Brandt Hershman, will begin reducing the Indiana corporate tax...
