Marketing

  • ACA Basics – IRS Releases Forms for Affordable Care Act

    Adding to the lengthy list of items you must have in order to file individual income taxes this year is the new Form 1095-A, the Health Insurance Marketplace Statement.  By January 31 of the year following the year of coverage, the Marketplace will send taxpayers who purchased insurance through the Marketplace Form 1095-A, Health Insurance…

  • ACA Basics – The Health Insurance Marketplace

    The Health Insurance Marketplace – also known as the Health Insurance Exchange – is the place where people without health care insurance can find information about health insurance options and also purchase health care insurance. Information can also be found regarding eligibility for help with paying premiums and reducing out-of-pocket costs. In addition to the…

  • ACA Basics – The Health Insurance Marketplace (1)

    The Health Insurance Marketplace – also known as the Health Insurance Exchange – is the place where people without health care insurance can find information about health insurance options and also purchase health care insurance. Information can also be found regarding eligibility for help with paying premiums and reducing out-of-pocket costs. In addition to the…

  • NYS Tax Department Launches NY’s First Tax Preparer Continuing Education Program

    Continuing education is phase two of New York’s first tax preparer regulations; training is vital because 70% of New Yorkers hire tax preparers each year. The New York State Department of Taxation and Finance today launched the continuing education component of New York’s historic regulations to protect consumers who hire tax preparers.   The training program…

  • IRS Issues Revenue Ruling on Employee Mass Transit Benefits

    The Internal Revenue Service has issued a new revenue ruling, 2014-32, on companies that provide mass transit passes as fringe benefits to employees. The ruling covers eight specific situations, and updates previous guidance on this topic.

  • Most Retirees Need to Take Required Retirement Plan Distributions by Dec. 31

    IRS YouTube Videos: Required Withdrawals from Your IRA: English | Spanish | ASL Podcasts: Required Withdrawals from Your IRA: English | Spanish IR-2014-112, Dec. 8, 2014 WASHINGTON — The Internal Revenue Service today reminded taxpayers born before July 1, 1944, that they generally must receive payments from their individual retirement arrangements (IRAs) and workplace retirement…

  • ACA Basics – Hardship Exemptions

    If any of the following circumstances apply to you, you may qualify for a “hardship” exemption from the penalty:

  • Deducting Business Expenses

    One of the thornier questions at tax time centers on what may and may not be deducted as a business expense. The rules change frequently, in response both to new rulings and to policies enacted by the Internal Revenue Service. But the general guidelines are contained in the Publication 535, Business Expenses. Here is a…

  • AICPA Advancing Effort to Secure .CPA Domain on Behalf of Global Accounting Community

    Alliance Formed With CPA Australia on Potential Rollout of Online Identity Tied to CPA Designation November 10, 2014 10:40 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–The American Institute of CPAs is working to secure a new .cpa domain extension on the Internet, which would provide a globally recognized calling card for CPAs in the digital…

  • Two Styles; One Successful Practice

    The Challenge: Melding two management styles and different levels of experience into a single, client-focused tax practice. The Solution: Recognizing that clients have differing needs, firms need a careful blend of professionalism, responsiveness and quality. Plus strong partnerships both inside and outside of the firm. If there is such a thing as a romantic tax…