With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated with charitable...
Over the last decade, there have been many changes in the U.S. health care landscape. These changes have been attributed to new, majory advances in medican treatment, an aging population, and the Affordable Care Act implemented in 2010. In 2015, total U.S. health care spending...
UPDATE: On Tuesday, November 22, a federal judge issued a nationwide injunction preventing the new overtime rules from taking effect on December 1, 2016, as previously scheduled.On December 1, 2016, about 4.2 million workers who were previously classified as "exempt" could become eligible for overtime...
On November 8, 2016, Republican candidate Donald J. Trump won a closely contested election for president of the United States.Late on election night, when it became evident that Trump was likely to win despite consistently trailing in the polls, foreign markets went into a deep...
Beginning November 1, 2016, individuals (including their families) may apply for new health insurance or switch to a different health-care plan through a Health Insurance Marketplace. The open enrollment period ends January 31, 2017.Individuals can use Health Insurance Marketplaces to compare health plans for benefits...
Federal Income Tax Returns Due for Most on Monday, April 18th The filing deadline for most individuals is Monday, April 18, 2016.The federal income tax filing deadline for most individuals is Monday, April 18, 2016. That's because Emancipation Day, a legal holiday in Washington, D.C., falls...
When Congress unexpectedly eliminated two Social Security claiming strategies as part of the Bipartisan Budget Act of 2015, retirement planning got a little more complicated for people who expected to use those strategies to boost their retirement income. Here are some questions and answers that...
We've seen a lot of excitement over a commonly missed education credit for students that get scholarships and grants. One of our old friends is charging a 40% commission to help you reclaim these missed credits. His work is legitimate and it’s getting a lot...
Some of the reporting requirements for the Affordable Care Act (Obamacare or ACA) are finally hitting some employers and their employees this tax season. New forms, 1095-B and 1095-C, were originally intended to be sent with the same deadlines as employee W2s. However, the reporting...
Some of the reporting requirements for the Affordable Care Act (Obamacare or ACA) are finally hitting some employers and their employees this tax season. New forms, 1095-B and 1095-C, were originally intended to be sent with the same deadlines as employee W2s. However, the reporting...
