Dec 5, 2019 | Affordable Care Act, News, Personal Finance, Tax, Uncategorized
Change in Tax Rates Beginning in 2013, the American Taxpayer Relief Act of 2012 imposes new higher 39.6% and 20% tax rates on ordinary income and long-term capital gains, respectively. The new top ordinary income tax rate of 39.6% is imposed on taxable income over...
Dec 5, 2019 | Business, Business Health, Tax
Authors: David Wagstaff and Calvin Longer Periodically we will highlight a ratio or benchmark and talk about how you can use these to better understand your business. The disclaimer: Benchmarks and ratios, blindly applied, can be dangerous. Benchmarks can be useful...
Dec 5, 2019 | Business, Personal Finance, Tax
Author: Frank Pelosi, CPA, CVA One of the strategies to reduce your taxable income is to make a charitable contribution to a qualified organization before the calendar year ends. Common examples of qualified organizations include churches, religious organizations,...
Dec 5, 2019 | Business, Personal Finance, Tax
Authors: Jennifer Wallace, CPA and Jason A. Mendick INDIVIDUALS Tax planning can help you minimize your tax liability in both the current year and future year giving you, rather than the government, the use of your money for investment, business, or personal...
Dec 5, 2019 | Business, Business Health, Tax
Authors: David Wagstaff and Calvin Longer Periodically we will highlight a ratio or benchmark and talk about how you can use these to better understand your business. The disclaimer: Benchmarks and ratios, blindly applied, can be dangerous. Benchmarks can be useful...