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2014 401(k) and Pension Plan Limits

401(k), 403(b) and profit-sharing plan elective deferrals in 2014 will remain at $17,500; the catch-up contribution...

Increased Taxes from Itemized Deduction Limitation

One of the impacts from the fiscal cliff legislation to be felt by high-income earners...

U.S. IRS warns of telephone tax scam involving fake caller IDs

The U.S. Internal Revenue Service warned about a growing tax scam in which fraudsters display...

2013 NEW TAX – 3.8% MEDICARE SURTAX

Beginning in 2013, taxpayers that meet certain investment income thresholds will be subject to an...

Employers in 13 states will face higher 2013 FUTA rates

The U.S. Department of Labor (DOL) has issued the final list of states for which...

2013 Year End Planning for Individuals

Increase the amount you set aside for next year in your employer's health flexible spending...

2013 Year End Planning for Businesses

Businesses should consider making expenditures that qualify for the business property expensing option. For tax...

2013 Year End Planning Strategy

Year-end tax planning could be especially productive this year because timely action could nail down...

Oct. 15 IRS Deadline Still in Effect

The Internal Revenue Service reminded taxpayers that the October 15 deadline remains in effect for...