Expiring Tax Breaks – What It Means
Tax extenders, temporary tax provisions that are reinstated by Congress on a regular basis, have been a recurring part of the tax arena for years. Most of the current group up for debate have expired at the end of 2013, and their eventual extension will be retroactive, but not all will be extended. Here’s what […]
Consult with Your Dallas Accountant for Entity Selection and Structure
Starting a business is one of the most rewarding experiences you will ever have. However, the process is wrought with pitfalls for inexperienced entrepreneurs. Seeking advice from your Dallas accountant regarding entity selection and structure enhances your chances for long term success. Your accountant can act as a sounding board for your ideas and suggest […]
ACA Open Enrollment Begins November 15
The Affordable Care Act open enrollment period is about to begin. If you’re currently uninsured or buy coverage on your own, here are some things to keep in mind as you weigh your options. The open enrollment period has changed. Open enrollment runs between November 15, 2014 and February 15, 2015, but if you want […]
Special Tax Benefits for Armed Forces Personnel
If you’re a member of the U.S. Armed Forces, the IRS wants you to know about the many tax benefits that may apply to you. Special tax rules apply to military members on active duty, including those serving in combat zones. These rules can help lower your federal taxes and make it easier to file […]
Five Tips for Making Tax Deductible Charitable Donations
The holiday season is upon us. In addition to the personal satisfaction that comes from giving, many individuals and business owners ensure their gifts are qualified tax deductible charitable donations. Charitable giving benefits worthy organizations, but it can benefit you too by saving money on your taxes. However, not every donation qualifies. Consider the following […]
