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...

Charitable Contributions and Planning

www.itsdeductible.com – Estimated high and low values for a variety of used items. www.satruck.org – Estimated high and low values for a varity of used items. To find the list, click on “frequently asked questions” in the site’s...

Federal Unemployment Rate Decrease

Effective July 1, the FUTA (Federal Unemployment) rate decreased from .8% to .6%. For those employees that have already been paid $7,000 or more prior to July 1, 2011, this has no effect to the employer for 2011. If an employee had not yet been paid $7,000, the...