

Start of 2015 Filing Season
The IRS announced that it anticipates opening the 2015 filing season in January as scheduled. This follows the late passage of the...


Special Edition Tax Tip Tuesday
We have an important tax law update for you. In this special edition of Tax Tip Tuesday, we will address the tax package that the Senate...


2015 Standard Mileage Rate Changes
The Internal Revenue Service has issued the 2015 standard mileage rates. These are used to calculate the deductible costs of operating an...


Legislation Update
Today we have an update in regards to some end of year-end tax legislation. The House has passed a bill that would extend 55 different...


Year-End Charitable Contributions
Since it is the time of year when people tend to make extra charitable contributions, we want to remind you of several important tax law...


Current State of Tax Legislation
The elections are over in most states and we know that the Republicans will control both the House and Senate starting in 2015. However,...


Inflation Adjusted Tax Changes for 2015
There are a couple inflation adjusted tax changes that are important to point out for 2015. For gifts made as well as the estates of...


Retirement Plan Dollar Limits for 2015
The IRS has announced the 2015 cost of living adjustments for retirement plans. The limitation on the annual benefit under a defined...


Social Security Wage Base Increase
The Social Security Administration has announced that the wage base for computing the Social Security tax (OASDI) in 2015 will increase...


Estimated Tax Penalty
Today we will discuss a possible way to avoid the estimated tax penalty for some taxpayers. Some individuals with substantial income in...



















