Tax Provisions Retroactively Extended by the Tax Increase Prevention Act of 2014

The long-awaited decision on tax extensions was announced on Dec. 16, 2014, when Congress passed the Tax Increase Prevention Act of 2014 (TIPA), which the President signed into law on December 19, 2014. The Act extends a host of tax… Read More

Top 10 Tax Planning Tips for Year-End

No year-end newsletter by a CPA firm would be complete without a Top 10 Tax Savings list.  Below is a list of our best tips for minimizing your tax burden with tax savings strategies: Defer income or accelerate deductions It… Read More

401k and Retirement Plan Limits for 2015 Tax Year

Cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015 have been announced by the IRS. Many of the pension plan limitations will change for 2015 because the increase in the cost-of-living index met… Read More