Three big ideas to make it easier to save for college
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Three big ideas to make it easier to save for college

By Beth Pinsker | NEW YORK Surveys regularly find that Americans have no idea what a 529 college savings plan is, so a little tinkering under the hood is definitely needed. For more than 20 years, families have been able to save in these dedicated investment accounts, with the funds accumulating tax free, as long...

IRS “Dirty Dozen” Series of Tax Scams for 2017
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IRS “Dirty Dozen” Series of Tax Scams for 2017

IRS “Dirty Dozen” Series of Tax Scams for 2017 Includes Return Preparer Fraud; Choose Reputable Return Preparers IRS YouTube Videos: Dirty Dozen – English | Spanish | ASL Choose a Tax Preparer Wisely – English | Spanish | ASL IR-2017-23, Feb. 6, 2017                                           Español WASHINGTON — The Internal Revenue Service today warned taxpayers to be...

Despite PATH Act – Some Tax Provisions Expire at end of 2016
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Despite PATH Act – Some Tax Provisions Expire at end of 2016

By Alistair M. Nevius, J.D. | December 16, 2016 Many practitioners must have breathed a sigh of relief when, with the passage of the Protecting Americans From Tax Hikes (PATH) Act in December 2015 (part of the Consolidated Appropriations Act, 2016, P.L. 113-114), Congress took care of a large part of the problem of expiring tax...

Fed Says U.S. Growth Continues Modestly as Job Market Tightens
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Fed Says U.S. Growth Continues Modestly as Job Market Tightens

SOURCE: Christopher Condon | January 18, 2017, 11:00 AM PST January 18, 2017, 11:17 AM PST   The U.S. economy continued to expand modestly from late November through the end of 2016 as a tightening labor market helped lift wages and prices more broadly, a Federal Reserve survey showed.The central bank’s Beige Book economic report, based on information collected...

IRS Announces 2017 Tax Rates, Standard Deductions, Exemption Amounts And More
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IRS Announces 2017 Tax Rates, Standard Deductions, Exemption Amounts And More

SOURCE: KELLY PHILLIP ERB – Forbes Staff Keep in mind that the floor for medical expenses in 2017 is 10% of adjusted gross income (AGI) for all taxpayers. Shutterstock The Internal Revenue Service (IRS) has announced the annual inflation adjustments for a number of provisions for the year 2017, including tax rate schedules, tax tables, and...

Hilburn & Lein, CPAs Welcomes Cory Puga, CPA as Shareholder
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Hilburn & Lein, CPAs Welcomes Cory Puga, CPA as Shareholder

Las Vegas, NV – January 3, 2017 Hilburn & Lein, CPAs, is pleased to announce that effective January 1, 2017, Cory Puga, CPA, has been promoted to Shareholder. In the new position, he will continue to manage the firm’s Tax Department enhancing client service satisfaction and staff development. Cory has over a decade of experience...

Tax Planning with President-Elect Trump
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Tax Planning with President-Elect Trump

 YEAR-END TAX PLANNING WITH PRESIDENT-ELECT TRUMP When performing your year-end tax planning, it is important to review your current year information (2016) and project your next year (2017), so that you can determine whether-or-not you should accelerate income into the current year.  If you are likely to receive a year-end bonus or sales with capital...

Are Brick and Mortar Stores on Their Way Out?
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Are Brick and Mortar Stores on Their Way Out?

SOURCE: REUTERS | WED. DECEMBER 28TH Amazon calls 2016 holiday season its best ever; shares rise Amazon.com Inc (AMZN.O) said it shipped more than 1 billion items worldwide this holiday season, which the top online retailer called its best ever, and its shares rose 1.6 percent in afternoon trade. The Amazon Echo home assistant and...

Beware of Stiff Penalties
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Beware of Stiff Penalties

Source: MSN Money | Author: Bill Bischoff Small business alert: Beware of stiff penalties for failing to file information returns Legislation enacted last year included little-noticed changes to the penalty regime for failing to file information returns with the IRS and failing to furnish required statements to payment recipients. For payments made in 2016, these...