Monthly Archives: May 2012

Credits for Hiring Vets, Payroll Tax Relief and Employee Health Care Coverage

Posted on May 24, 2012 by Steven

Credit for Hiring Veterans A law change enacted late in 2011 provides an expanded Work Opportunity Tax Credit (WOTC) to employers that hire eligible unemployed veterans. The credit can be as high as $9,600 per veteran for for-profit employers or … Continue reading →

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Shareholder Loans

Posted on May 20, 2012 by Steven

This is obviously an important issue as we look at our small S corporation shareholders and how they finance their businesses. I know I have a number of clients who I have to remind of this every year. Thanks again … Continue reading →

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Wisdom from the late Daniel Patrick Moynihan

Posted on May 19, 2012 by Steven

“Everyone is entitled to their own opinions, but they are not entitled to their own facts.” — Daniel Patrick Moynihan    There may be many reasons that a pro football coach goes 1-15, but everyone can agree that his record … Continue reading →

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Self-Directed IRA

Posted on May 12, 2012 by Steven

The newest edition of the EA Journal had a great Q&A which I am providing here for all of the non members of the NAEA.  This is just one of the reasons you should be a member of this organization. … Continue reading →

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IRS Proposed Rules to Cover PPACA Research Fees

Posted on May 5, 2012 by Steven

The Patient Centered Outcomes Research Institute (PCORI), a nonprofit corporation newly required by the Patient Protection and Affordable Care Act (PPACA), is being established to advance comparative clinical effectiveness research. Intended to aid patients, clinicians, purchasers, and others in making … Continue reading →

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Dependency and Divorce or …

Posted on May 3, 2012 by Steven

Lewis Taishoff, Esq And Don’t Sweat the Numbers Here’s good news for supporting parents, whose divorced or separated partners welsh on the deal to sign a Form 8332, delivered by none other than the Judge who writes like a human being, … Continue reading →

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Did you receive a letter or notice from the IRS?

Posted on May 2, 2012 by Steven

Each year, the Internal Revenue Service sends millions of letters and notices to taxpayers for a variety of reasons, but that doesn’t mean you need to worry. Here are eight things you should know about IRS notices — just in … Continue reading →

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Lease assets to your company

Posted on May 1, 2012 by Steven

Is your family-owned business incorporated? If so, you might consider owning your real estate or other appreciating assets in your own name and leasing them to your corporation. The corporation gets a deduction for the lease payments, and you avoid … Continue reading →

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May 2012 Online Advisor on our Website

Posted on May 1, 2012 by Steven

We have just posted the MAY 2012 issue of the ONLINE ADVISOR newsletter on our website. Here are a few headlines from that issue. To read any of these articles, click on the link at the end of this e-mail. … Continue reading →

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