Tax Tips and Updates Newsletter Archived
The Tax and Business Alert is designed to provide accurate information regarding the subject matter covered. However, before completing any significant transactions based on the information contained herein, please contact us for advice on how the information applies in your specific situation.
April 2012
50% Disallowance Rule for Meals and EntertainmentTax Calendar
Taxpayer Advocate's Report
IRS Reopens Offshore Voluntary Disclosure Program
Roth IRAs for Kids
Tax Ramifications of Owning a Second Home
March 2012
How Working Impacts Social SecurityStandard Mileage Rates for 2012
Tax Planning Following a Job Loss
Reporting Foreign Financial Assets
Employing Children in an Unincorporated Business
February 2012
Head of Household Filing StatusCapital Gains and Losses
The Unearned Income Medicare Contribution
Avoid Gift Treatment for Large Medical Expenses
Taxable or Nontaxable Income?
Selecting a C Corporation's Tax Year
January 2012
Operating a Business as an LLCTax Calendar
Higher Education Costs Continue to Escalate
Receiving Social Security Benefits before Full Retirement Age
2012 Retirement Contribution and Other Limitations
December 2011
Health Savings Account (HSA) BenefitsTiming Year-end Charitable Contributionses
Update on Employer-provided Cell Phones
Voluntary Contractor Settlement Program (VCSP)
Turning a Hobby into a Business
November 2011
Qualified Charitable DistributionsDeducting Job Search Expenses
Qualified Dividend Income
Which Is Best for Your Business: Section 179 or 100% Bonus Depreciation?
The Importance of Updating Beneficiary Designations
October 2011
Fourth Quarter Tax Planning IdeasTax Calendar
Education Planning-Start Early
Federal Taxation of Social Security Benefits
September 2011
Tax Advantages of Small Business StockBusiness Mileage Rate Increase
Help a Grandchild Retire
2011 Adoption Expenses
Defer Taxes with an Installment Sale
Combined Business and Vacation Travel
August 2011
Selling a Corporate Business2012 HSA Limitations
Electric Vehicle Credits
Safeguarding Tax Records
Corporate Distributions
Tax Planning for Mutual Funds
July 2011
Current Favorable Long-term Capital Gain RatesTax Calendar
Rollovers from Qualified Plans to IRAs
Attaining Independent Contractor Status
Compiling and Retaining Important Records
June 2011
Home Sales by NewlywedsTax Freedom Day®
2010 IRS Data Book
Assisting Grandchildren with College Costs
Deducting Interest on Home Loans
When Are Gifts Taxable?
May 2011
Tax Aspects of Becoming Self-employedRepaying the First-time Homebuyer Credit
Tax Impact of a Home Foreclosure
Business Charitable Contributions
April 2011
Claiming Bonus Depreciation for Business Property AcquisitionsTax Calendar
Age-related Planning Milestones
New Life for Selected Charitable Contributions
March 2011
New Law Provides Tax Relief for Individuals and BusinessesNew Estate and Gift Tax Rules
Taxpayer Advocate Reports to Congress
February 2011
Preserving Tax Deductions for Business TravelBaby Boomers' Medicare Sign-up
Gym Fees as Medical Expenses
Retirement Plan Limitations Unchanged
Avoiding Constructive Dividend Treatment
Converting a Residence to Rental Property
January 2011
Business Property ExpendituresTax Calendar
College Financial Aid Changes for 2011-2012
Sole Proprietors Can Benefit from Employing a Spouse
Retirement Plan Review
December 2010
Small Business Jobs ActBusiness Cell Phone Restrictions Removed
New Health Insurance Premium Deduction
Deducting Corrosive Drywall Repair Costs
Borrowing from Retirement Plans
November 2010
Year-end Tax Planning529 Plans-Saving for College
Gambling Winnings and Losses
Maximizing Tax savings from Outright Charitable Gifts
October 2010
New Business Tax Saving OpportunityTax Calendar
Deducting Job Search Expenses
Retirement Account Catch-up Contributions Can Really Add up
Revocable Living Trusts
September 2010
Energy-Efficient Tax CreditsEarn 5% More on Liquid Assets
2011 HSA Limitations
Maximizing Business Transportation Expense Deductions
MRDs Required in 2010