What to Expect for IRS Refunds in 2013

Although I do not prepare income tax returns for clients, I like to share important information regarding tax issues.  Here is one I think you may find quite interesting considering all of the talk of the fiscal cliff we’re headed toward. The IRS is taking...

Happy New Year!

Can you believe it is already December 31st?  I don’t know how it is possible.  Time seems to be going faster and faster for me.  I don’t know if it’s because I have so much I’m involved with that the time just flies, or that I’m older...

Tax Rules for Charitable Giving

Individuals and businesses making contributions to charity should keep in mind some key tax provisions that have taken effect in recent years, especially those affecting donations of clothing and household items and monetary donations. Rules for Clothing and Household...

Additional Medicare Tax

Due to the passing of Obamacare, a new Additional Medicare Tax goes into effect starting in 2013. The Additional Medicare Tax applies to an individual’s wages, Railroad Retirement Tax Act compensation, and self-employment income that exceeds a threshold amount based...

Electronic Waste Recycling Fee

Have you ever bought something from a store and been charged an e-waste fee and wondered what it was for?  California has a regulation that imposes a fee on the purchase of new or refurbished covered electronic devices (CEDs).  A covered electronic device is a video...

Worker’s Compensation Employer Fraud

As employers, it is mandatory that worker’s compenstion coverage is in place in the event an employee is injured on the job.  Many employers see this as a large expense which has an impact on the profit of the business and do what they can to avoid paying this...

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