Code Called ‘Shockingly Complicated’

As reported my Newsmax.com: Code Called ‘Shockingly Complicated’ The U.S. tax code has become so complex that the paperwork burden generated by the Treasury Department — almost all of it from the Internal Revenue Service — now totals a mind-boggling 6.7 billion hours....

Designated Contributions

DESIGNATED CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS             By Dianne K. Briery, CPA                                 (904) 880-3200 In my work with churches and other tax-exempt entities with their accounting, I often see some major issues with the accounting for...

WARNING:

We have become aware of individual receiving phone calls from someone that claims to be from the Internal Revenue Service. The caller provides a case number and requests your social security number. DO NOT provide them with any personal information. THIS IS NOT THE...

HEALTH CARE BILL

As the “health care bill” now stands, a 3.8% Medicare Surtax will come into play in 2013, if no change is made. This MEDICARE SURTAX is on UNEARNED INCOME for taxpayers with MODIFIED ADJUSTED GROSS INCOME (MAGI) in excess of $200,000 for single and...

2012 Tax Newsletter

YEAR-END INDIVIDUAL TAX NEWSLETTER                                                                                                                                Dear Clients,                                                                                        ...

2012 Business Newsletter

YEAR-END BUSINESS TAX NEWSLETTER Dear Valued Client and Colleagues: January 24, 2012 2011-2012 The year of ???? Last year we started this letter with so much uncertainty—this year, very little has changed from the prior year…We asked the question—“1099s for everyone?...