Well in a word – YES. But wait don’t panic it may not even apply to you. The Medicare tax, which goes into effect on January 1, 2013, will impose a 3.8% tax on the net investment income of… more →
Accounting and Small Business /Beverly Shareswrote 1 day ago: There are several types of tax that may apply when a person dies. Failure to plan for these may resu … more →
wrote 4 days ago: Rappers and strip clubs go together like lotion and ashy elbows. However, rappers and tax issues go … more →
wrote 1 week ago: Find out with our 26 Point Max Home Value assesment…As a free service to 26 Point Inspectyou I … more →
wrote 1 week ago: This week’s blog takes a quick look at shareholder salaries and how the attribution rules affect the … more →
wrote 2 weeks ago: This week’s blog focuses on rental properties that are trading within a company and making a profit. … more →
wrote 2 weeks ago: This article was published in the May 2013 edition of the Chartered Accountants Journal Multinationa … more →
wrote 2 weeks ago: All Vermont taxpayers must follow both federal and state rules when filing income taxes. Vermo … more →
wrote 4 weeks ago: Since September, the Obama administration has been under fire from a Republican weapon that seems to … more →
wrote 1 month ago: I came across this scene from an old Seinfeld show and could not help but laugh when I saw it. The … more →
wrote 1 month ago: This question was recently addressed by Heather Chubb, an attorney in California, and member of the … more →
wrote 1 month ago: The IRS has released the 2014 contribution limits for Health Savings Accounts. For an individual wi … more →
wrote 1 month ago: Under the self-assessment system, certain taxpayers are liable to complete a Return; if they are a D … more →
wrote 1 month ago: You received a tax notice-now what? First of all do not panic. I know many people who receive tax … more →
wrote 1 month ago: Read Lauryn Hill’s note below which is almost like lyrics for her well overdue album. “It has … more →
wrote 1 month ago: Any Questions? Thinking about purchasing a home of your own? It may be the perfect thing for you to … more →
wrote 2 months ago: The April 15th deadline for filing your personal Form 1040 is now a few days behind us, and most peo … more →
wrote 2 months ago: Jonathan Urges Accountants to Uphold Professionalism Obinna Chima President Goodluck Jonathan has ad … more →
wrote 2 months ago: The recently enacted American Taxpayer Relief Act of 2012 (ATRA) is a mixed bag of higher tax rates … more →
wrote 2 months ago: Dionne Warwick is resorting to bankruptcy to finally resolve her tax troubles. But her attorney Dan … more →