March 02, 2012
Andrew Presti- Author's Bio
Blog Posts
0 Comments
Coming soon: greater tax-wise retirement options
Retired employees often start taking benefits by age 65 and, under the minimum distribution rules, must begin taking distributions from their retirement plans when they reach age 70 ½. According to Treasury, a 65-year old female has an even chance of living past age 86, while a 65-year old male has an even chance of […]
Read more- March 02, 2012
- Andrew Presti
- Author's Bio
- Blog Posts
- 0 Comments
Administration unveils Framework for Business Tax Reform
A reduced corporate tax rate, elimination of many business tax preferences, a new minimum tax on overseas profits, and much more are all part of President Obama’s recently released Framework for Business Tax Reform (the “Framework”). The much-anticipated blueprint of the administration’s plans for corporate tax reform was unveiled on February 22, 2012, in Washington, […]
Read more- March 02, 2012
- Andrew Presti
- Author's Bio
- Blog Posts
- 0 Comments
FAQ: What are employer share responsibility assessable payments under the PPACA?
The Patient Protection and Affordable Care Act (PPACA) introduced many new requirements for individuals and employers. One of the new requirements is an employer shared responsibility assessable payment. At this time, there is little guidance for employers other than the language of the PPACA and some requests for comments from government agencies. The IRS, the […]
Read more- March 02, 2012
- Andrew Presti
- Author's Bio
- Blog Posts
- 0 Comments
How do I… Guard against taxpayer identity theft?
The number of tax return-related identity theft incidents has almost doubled in the past three years to well over half a million reported during 2011, according to a recent report by the Treasury Inspector General for Tax Administration (TIGTA). Identity theft in the context of tax administration generally involves the fraudulent use of someone else’s […]
Read more- March 02, 2012
- Andrew Presti
- Author's Bio
- Blog Posts
- 0 Comments
March 2012 Tax Compliance Calendar
As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines. This calendar summarizes important tax reporting and filing data for individuals, businesses and other taxpayers for the month of March 2012. March 2 Employers. Semi-weekly depositors must deposit employment taxes for payroll dates February 25–28. […]
Read more