ACA Has Been Delayed Again

Good news for businesses–the Affordable Care Act (ACA) has been delayed again.  Stakeholders will ultimately define how the ACA looks in the next several years. On February 10, the Obama administration stated that most employers won’t face a fine next year if...

Can I claim my elderly parent as a dependent?

For you to deduct up to $3,900 on your 2013 tax return under the adult-dependent exemption, in most cases the parent must have less gross income for the tax year than the exemption amount. Generally Social Security is excluded, but payments from dividends, interest...

The Inspiration of Olympians

Those of you who know me know I am an avid sports fan.  I admire professional sports athletes from the NFL, NBA, NHL and MLB due to the talent they possess and the pure entertainment value they provide.  While college doesn’t quite have the same talent level, the...

Innovation

Innovation and change in any business is key to growth and even to survival. While many associate innovation only with new product development, I don’t. I think it can be whatever provides growth in bottom line results, or change that results in reaching a desired...

Don’t inadvertently miss filing deadlines

If   you still file a paper return, it’s important to know the IRS’s “timely   mailed = timely filed” rule: If your tax return is due April 15, it’s   considered timely filed if it’s postmarked by midnight on April 15. But just   because you drop your return in a...