by Mark Thomson | Jan 15, 2019 | What I have to Say
Important Tax Dates to Remember for 2013 from Gregory W. Beck, CPA MARCH 15, 2013 Today is the deadline for corporate tax returns this means, forms 1120, 1120A, and 1120S. If you do not complete your corporate return today a request for a 6-month extension, form 7004,...
by Mark Thomson | Jan 15, 2019 | What I have to Say
In January 2013 President Obama signed into law the American Taxpayer Relief Act. Although there were many provision and tax increases, there were also some interesting opportunities. In this video, Gregory W. Beck, CPA discusses some of the opportunities in the...
by Mark Thomson | Jan 15, 2019 | What I have to Say
The 2012 Income Tax Act contains several provisions that affect individual tax payers. In this segment, Gregory W. Beck, CPA explores the changes affecting individual tax rates, the new 39.6% rate, the new limitation on itemized deductions and personal exemptions as...
by Mark Thomson | Jan 15, 2019 | What I have to Say
In January 2013 President Obama signed into law the American Taxpayer Relief Act. Although there were many provision and tax increases, there were also some interesting opportunities. In the third and final installment regarding the 2012 Taxpayer Relief Act, Greg...
by Mark Thomson | Jan 15, 2019 | What I have to Say
Effective for the tax year 2013 the Internal Revenue Service (IRS) released a simplified option for how to calculate an office in the home or business use or a home deduction. Under this new method: A taxpayer can elect either the simplified method or the actual...
by Mark Thomson | Jan 15, 2019 | What I have to Say
A recent article from Reuters found that the estate of pop music legend Michael Jackson owes $702 million in federal taxes and penalties. The main issue is the wide difference between what the estate said Jackson’s legacy was worth versus what the IRS determined was...