How Big Is Your Refund?
By now, the New Year celebrations have been drowned out by the chatter of questions concerning taxes....
28 February, 2012
/ 0 Comments
By now, the New Year celebrations have been drowned out by the chatter of questions concerning taxes....
On June 15, 2011, the North Carolina General Assembly overrode the Governor’s veto and passed a new $19.7 billion budget bill. Included in the bill are two key changes to the way individuals calculate their NC personal income tax beginning in 2012. ...
The propriety of pay for board members serving tax-exempt organizations is in the news again. While not a new topic (it has been raised at any number of points in past years), the sentiments of some opposed to the practice has intensified....
Recently, the IRS has expanded correspondence examinations of individual tax returns. What is a correspondence examination? ...
Over the past fifteen years, there has been more pressure on nonprofits to conform to the expectation set by stakeholders to keep overhead expenses (supporting services activities) down and therefore maximize the use of unrestricted and temporarily restricted funds that can be used on programmatic...
We are now approaching the third year of the redesigned form 990 with its 14 new lettered schedules....
If you answered no, you may want to consider the benefits to you and your employees a retirement plan can offer. A few of these benefits are a tax deduction for your contributions, the assets grow tax-free with compounding interest, and it is another...
The Internal Revenue Service announced on February 8, 2011, a new voluntary disclosure initiative to encourage individuals with undisclosed income from hidden offshore accounts to get current with their federal tax obligations....
Did you have Federal taxes withheld from your pension and wages for this tax year and wish to get a refund back? Are you entitled to the Earned Income Tax Credit or did you receive Advance Earned Income Credit for this tax year?...
A small, but important, component of the health care reform bills passed earlier this year...