In one of its final actions for calendar year 2015, Congress passed the Consolidated Appropriations Act, 2016, a massive spending bill that will keep the federal government funded for fiscal year 2016. Signed into law on December 18, 2015, the legislation includes the Protecting Americans...
Farmers can now file by April 15th without penaltyCongress inaction in passing tax laws had a domino effect on the IRS's ability to process tax returns. After the IRS announced that certain tax forms applicable to most farmers would be delayed until March, many farmers...
IRS delays filing due to recently-passed tax lawsDue to the changes in the tax law prompted by the recently enacted American Taxpayer Relief Act of 2012 (ATRA), the IRS has announced it will begin accepting 2012 tax filings on January 30. The IRS had anticipated...
One Part of the Fiscal Cliff SolvedSpecial ReportThe following was prepared by CCHCongress Approves Eleventh-Hour Agreement To Avert Fiscal CliffThe tax side of the "Fiscal Cliff" has been averted. The U.S. Senate overwhelmingly passed legislation to avert the so-called fiscal cliff on January 1, 2013...
Payroll Tax Holiday ExpiresFiscal Cliff Deal Does Not Extend Payroll Tax Cut of 2%Smith, Kunz has received numerous calls from clients wondering why their checks are lower in 2013 than they were in 2012. This is due to the expiration of the 2 percent payroll...
IRS Warns Congress to Act Now!There is much debate about the “Fiscal Cliff” (see our other pieces here & here) and the conversations seem to have centered on tax laws affecting tax year 2013 and forward. However, there are still issues from 2012 that Congress...
Quick Summary of Post-Election IssuesToday's post-election political landscape looks a lot like the pre-election political landscape - President Obama will be working with a Democratically-controlled Senate, and a Republican-controlled House of Representatives for a minimum of two more years. The issues haven't really changed, either....
With The Fiscal Cliff Still Looming, Here are Some Interim Guidelines2012 “Pre-Planning” Year-End Tax Strategies for Business OwnersTax reform is one of the most contentious topics in this year's election, with both personal and corporate income tax rates under scrutiny. While leaders in both parties...
Business Owner's ToolkitWe're very excited to announce that we've just completed the addition to our website of our Small Business Guide. A link appears to the right on every page on our site. This guide includes thousands of pages of information and tools to help...
Scott Smith Receives CRPS DesignationThe College for Financial Planning®, located in Denver, is pleased to announce that Scott Smith has successfully completed the CHARTERED RETIREMENT PLANS SPECIALIST or CRPS® Professional Designation Program.Graduates of the CRPS® Professional Designation Program must complete a specialized independent study course...
