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Multi-State
Taxation - You have been growing your business patiently and consistently for a few
years now and finally you are ready to venture out across your state line.
Of course, if you're wise (which our clients undoubtedly are), you will first
investigate the rules for doing business and the tax ramifications of any
particular state you are looking into. |
Personal
Tax
Your IRS Audit Risk - A few years ago, the IRS came under fire for lowering the number of audits they were performing. Audits of wealthy individuals were down to only half the level of 1992.
Business Strategy Buy-Sell Agreements - Many small business owners often ignore the critical importance of a well-designed and updated buy-sell agreement. In the event of a buyout or death, a properly written buy-sell document can address major issues such as payment terms, funding and tax impact.
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IRS Announcements
Free Comprehensive Tax Guide Available
IRS Speeds Up Tax Lien Relief For Homeowners
IRS Offers Tips For Year-End Donations
New Pension Plan Limits for 2009
Spammers Use Email, Fax To Pose as IRS
Past Tax Acts of Note
2008 Economic Stabilization Act - After several months of declining stock markets and frozen credit markets, Congress acted quickly to pass the Emergency Economic Stabilization Act of 2008.
Economic Stimulus Act of 2008 - On February 13, 2008, the President signed the Economic Stimulus Act of 2008 providing rebates for individuals and incentives for business investment.
Small Business and Work Opportunity Tax Act of 2007 - Congress passed this Act in order to provide small business tax relief as a counter to the phased-in increase in the federal minimum wage from $5.15 an hour to $7.25 an hour over the next two years.
2006 Tax Relief and Healthcare Act - Now that the election cycle is finally over, Congress has acted to extend a significant number of tax breaks that have been held up due to partisan wrangling. The Act also provides for some tax changes taking effect in 2007.
2006
Pension Protection Act - On August 4th, Congress passed the Pension Protection Act of 2006
("PPA"), a package of sweeping reforms for employer-sponsored
retirement plans.
Tax
Increase Prevention and Reconcilation Act - What started off as a 2005 tax act being
negotiated in Congress many months ago has finally become law in late
May of 2006.
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