Affordable Health Care Act

The Affordable Health Care Act is going to impact most tax payers.  It is necessary to report when there are gaps in insurance coverage for any month. If you do not have health insurance and you qualify, you will pay a penalty, all these will be included in your taxes, and the penalty will be

Category: Tax News

Beware of bogus IRS e-mails (02-22-13)

The IRS is warning taxpayers about potential e-mail scammers who claim to be the IRS. Scammers use the IRS name or logo to make the message appear authentic so you will respond to it. In reality, it’s a scam attempting to trick you into revealing your personal and financial information. The IRS does not initiate

Category: Tax News

Tax changes included in Congress’ fiscal cliff legislation (01-01-2013)

Tax rates beginning January 1, 2013 A top rate of 39.6% (up from 35%) will be imposed on individuals making more than $400,000 a year, $425,000 for head of household, and $450,000 for married filing joint. 2% Social Security reduction gone AMT permanently patched A permanent AMT patch, adjusted for inflation, will be made retroactive

Category: Tax News

Cambios a los impuestos que el Congreso incluyo en la legislacion de “Fiscal Cliff” (enero 1, 2013)

Cambios a los impuestos que el Congreso incluyo en la legislacion de “Fiscal Cliff” (enero 1, 2013) Aquí esta un resumen de los cambios incluidos en el documento, el cual se espera sea firmado por el Presidente. A partir del 1 de Enero, 2013, el porcentaje de impuestos sera el siguiente: La personas que gana

Category: Tax News