Blog Archives

Don't Look Now…Tax Rates are Headed Up!

The Bush era tax cuts are expiring.  Here are some of the key tax rates for 2010 and 2011: 2010                 2011 Ordinary Income                                   35%                 39.6% Long Term Capital Gains                       15%                 20% Qualifying Dividends                             15%                 39.6% Estate Tax                                              0%                 55% Unless Congress decides


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IRS to Some Nonprofit Organizations-Last Call!

Nonprofit organizations are required to file an information return annually.  See our recent post for the details on this. Nonprofit organizations that don’t meet their filing requirements for three consecutive years automatically lose their tax-exempt status.


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How to Get a Copy of an Old Tax Return

Ever go looking for a copy of an old tax return and can’t find it?  This happens frequently.  How?


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Happy 75th Birthday to the Social Security Administration

Blow out the candles and cut the cake, the Social Security Administration (“SSA”) is celebrating its 75th birthday! I recently attended a presentation by one of the Social Security representatives.  If you get a chance to attend one of these sessions,


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Four Reasons to Review Your Withholding and Estimated Tax Payments Now

The first half of the year is in the books.  It’s time to take a look at your withholding and estimated tax payments.  Why is this important?  To avoid any potential penalty for underpayment of estimated taxes. 


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