by Ramdas | Oct 2, 2017 | Individuals Articles, Tax Articles
The Journal of Accountancy released a podcast epsidoe about the new tax reform framework, what it means, and how it affects us all. What you’ll learn in this podcast: What is in the framework? What is left out of the framework? Will the framework lead to tax...
by Ramdas | Sep 29, 2017 | Individuals Articles
Follow the link to take a quiz on your Medicare knowledge! https://www.journalofaccountancy.com/news/2017/sep/medicare-quiz.html?utm_source=mnl:cpainsider&utm_medium=email&utm_campaign=25Sep2017
by Ramdas | Sep 28, 2017 | Individuals Articles
Individuals For individual taxpayers, the framework calls for: Three tax brackets: 12%, 25%, and 35% (currently there are seven brackets, with the lowest one being 10% and the top one being 39.6%). However, the framework allows congressional tax-writing committees to...
by Ramdas | Jun 10, 2016 | Individuals Articles, Tax Articles
With the usual June deadline for estimated payments approaching, remember if you experienced flooding or were in the counties that did, you may qualify for a postponed deadline of September 1st, 2016. “Individuals who reside or have a business in Fayette,...
by ramdasaccount | Jan 23, 2015 | Financial Planning, Individuals Articles
Everything you need to know about simple financial planning (Courtesy of Dilbert) Make a will. Pay off your credit cards. Get term life insurance if you have a family to support. Fund your 401(k) to the maximum. Fund your IRA to the maximum. Buy a house if you want to...
by wpengine | Oct 14, 2014 | Individuals Articles
Eligible single-member LLCs that are disregarded for federal tax purposes may consider converting to an S corporation under certain circumstances. Active shareholders of an S corporation receiving reasonable salaries are not subject to the self-employment tax on...
