Year-end tax legislation renews extenders, cuts IRS funding
Eleventh-hour votes in Congress in December renewed a package of
tax extenders for 2014, created new savings accounts for
individuals with disabilities, cut the IRS’ budget, and more. At
the sam...
Top 10 tax developments of 2014 with impact on 2015
2014 was a notable year for tax developments on a number of fronts.
Selecting the "top ten" tax developments for 2014 necessarily
requires judgment calls based upon uniqueness, taxpayers affected,
and...
How do I? Comply with the Affordable Care Act’s individual mandate?
Beginning January 1, 2014, the Affordable Care Act (ACA) required
individuals to carry minimum essential health coverage or make a
shared responsibility payment, unless exempt. Individuals will
report...
FAQ: What is the business standard mileage rate for 2015?
The IRS has announced an increase in the optional business
standard mileage reimbursement rate for 2015. The business standard
mileage rate increased by one and a half cents, to 57.5 cents (up
fr...
January 2015 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important tax reporting and filing data for
individuals...
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