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IRS Announces 2013 Retirement Plan Contribution Limits

Click here to see limits  ...

Tax Planning for Income

The goal of income tax planning is to minimize your federal income tax liability. You...

2012 Year End Tax Planning

Dramatic tax increases are scheduled to go into effect in 2013 make 2012 tax planning...

2012 Taxes Will Rise Regardless of Congressional Action

Taxes will rise at the start of the year, Regardless of whether Congress acts during...

Annual Safe Harbor Profit Sharing Plan Notification

Each plan year a notice must be provided to all employees who are eligible to...

2012 FUTA Credit Reduction Update

Federal Unemployment Tax Act (FUTA) Background Employers pay federal unemployment taxes on the first $7,000...

Expiration of 2012 Middle Class Tax Relief Act – Payroll Tax Reduction

Social Security Tax Would Increase by 2 Percent A temporary reduction in Social Security payroll...

Employee Expense Reimbursement Arrangements

The IRS issued guidance on situations in which employer nontaxable reimbursements were recharacterized as wages...

2012 Year-End Tax Planning Moves for Business Owners

Year-end planning for 2012 is extremely challenging because we don't yet know what the tax...