As of 6:10pm on New Years Eve, no votes are expected to avert the automatic tax hikes and spending cuts built into the Fiscal Cliff. The current deal in the…
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With a slim margin, President Obama has won re-election to a second term. Although the slim vote margin and divided Congress prevent the President from perhaps pushing too strong of…
The IRS has announced that the contribution limit for 2013 for a 401k plan is going up to $17,500. This will be a $500 increase from the current level of…
Congress is playing a game of high stakes chicken with the extension of the Bush tax cuts, leading to tax uncertainty in 2013. Earlier this month, the Senate defeated both…
Recently the ACA was upheld by the Supreme Court. The Affordable Care Act survived when Chief Justice John Roberts joined the majority in deciding that the healthcare mandate, a penalty individuals and businesses…
Call it an incentive, or call it a loophole, but when IC-DISC and foreign sales are paired, tax advantages aboutnd. IC-DISC corporations are a way that foreign export companies both…
Will there be another 2011 tax hike? While many are baulking at the $700 billion over 10 years to renew the 2001 tax cuts for families who make over $250,000,…
With Congress focused on everything but taxes, you might not know that tax laws are changing right now simply through attrition. Many of the Bush tax cuts have already expired…
The Senate has been as busy as Santa’s elves on Christmas Eve trying to pass their healthcare bill, even though most of the provisions won’t even go into effect until…
