Latest From the Blog
A Much Needed Change | Tax Tip of the Week | No. 163
Hearings began a couple of months ago to find a way to simplify Ohio’s city income tax laws.
A Recent Tax Court Update | Tax Tip of the Week | No. 162
In yet another of a long series of court cases, the Tax Court upheld that if a taxpayer cannot prove their cost basis in a securities transaction, then the cost basis is zero.
Yet Another Part of the Tax Law That Leaves us Hanging | Tax Tip of the Week | No. 161
I recently fielded a question from one of our clients that I felt would be of interest to many of our readers.
Penalty Relief and Expanded Installment Agreements | Tax Tip of the Week | No. 160
The IRS announced an expansion of the “Fresh Start” initiative to help struggling taxpayers by taking steps to provide new penalty relief to the unemployed and making installment agreements available to more people.
What You Should Consider Now | Tax Tip of the Week | No. 159
Two weeks ago we discussed upcoming 2013 tax increases due to the health care bill. Last week we looked at potential tax increases if the current tax cuts are not extended. This week are some suggestions to consider for the remainder of 2012 while we know what the tax rules are.
A "Perfect Storm" Brewing | Tax Tip of the Week | No. 158
Last week we looked at some pending tax increases in 2013 as a result of the Supreme Court upholding the major provisions of the Patient Protection and Affordable Care Act (Obamacare).