by mariettacp | Apr 29, 2011 | Money Tips, Tax Planning, Tax Preparation
There have been many changes to the tax laws over the past few years. To keep you informed, we have summarized some of these changes. Today, we are covering corporate actions reporting. As of January 1, 2011, organizations that issue “specified...
by mariettacp | Apr 27, 2011 | Money Tips, Tax Planning, Tax Preparation
Investors have been affected by the recent changes in tax law. The reporting required for brokers transferring covered securities alters the information shared with the IRS. Effective Jan. 1, 2011, every broker filing an information return reporting the gross proceeds...
by mariettacp | Apr 25, 2011 | Money Tips, Tax Planning, Tax Preparation
Changes to the tax laws over the past few years will affect many of our clients. To keep you informed, we have been summarizing some of these changes. Today, we are covering the retained workers credit. Claiming “Retained workers” can qualify a business for up to...
by mariettacp | Apr 22, 2011 | Money Tips, Tax Planning, Tax Tips
The new tax rules enacted over the past few years have affected many areas of the tax code. For your information, we have summarized below the changes related to retirement plans. Be sure to talk to your accountant about the changes as part of your annual tax...
by mariettacp | Apr 1, 2011 | Money Tips, Tax Planning, Tax Tips
Another change to the tax code enacted by the 2010 Tax Relief Act provides exemption portability. Under the new rules, any exemption that remains unused by a spouse who dies after Dec. 31, 2010 and before Jan. 1, 2013 is available for use by the surviving spouse in...