2013 First Quarter Federal Tax Developments

April 15 has come and gone but it’s not time to stop thinking about taxes and strategic tax planning opportunities. Since the start of 2013, there have been many new federal tax developments which will impact tax planning for this year and beyond. As 2013 unfolds, many changes made to the Tax Code by the…

Your $18.04 check is real!

Settlement checks for $18.04 have started to arrive!  These are legitimate checks and this is not a scam. 

These checks are a result of the Currency Conversion Fee Antitrust Litigation settlement.  If you traveled overseas between February 1, 1996 and November 8, 2006 and were a legal cardholder of a Visa, MasterCard or Diners…

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Dec

Employee Gifts and Awards

What to know at year end….

As the year comes to a close, many businesses provide a Holiday gift to their employee’s, either in cash or in merchandise.  Take note, when providing these gifts they may be taxable.  Below is a guide for those Holiday gifts:

  • If the Holiday gift is monetary, including gift…