News

Revenue Neutral Tax Reform
Income Tax Reform – creates a strong response in everyone doesn’t it? There are currently several commercials airing by the presidential candidates that attack the other candidate’s plan.

How to Extract Cash From Your Corporation
Who doesn’t love cash? We all need and want it. Business owners/shareholders often struggle as to when and how to best pull money out of their corporation for personal needs. While we can’t

Tax Implications of the 2010 Healthcare Act
The Supreme Court recently ruled the 2010 Healthcare Act to be constitutional. What does this mean in regards to your taxes? They are going up! And they are going up as soon as 2013, barring a Republican

Corporations Should Consider Paying Dividends in 2012 Before Tax Rates Go Up!
We want to alert corporate business owners to tax planning opportunities that exist this year that will allow them to tap into the hard-earned cash of their business at historically low tax costs. Normally, dividend

New 1099 questions on 2011 tax returns are a cause for concern
The IRS is on a mission to find those individuals and businesses who are not reporting all of the income they receive. To increase their odds of finding the under-reporters, they are employing two