July, 2013

The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood.

In the early morning hours of Jan. 1, 2013, the Senate, by a vote of 89-8, passed H.R.8, the “American Taxpayer Relief Act” (the 2012 Taxpayer Relief Act).


November, 2012

Year-end planning is a bigger challenge this year than in past years because, unless Congress acts, tax rates will go up next year, many more individuals will be snared by the alternative minimum tax (AMT), and various deductions and other tax breaks will be unavailable.

Are you a small business owner? Find out how you can get your investment income at a tax rate of zero.

The Foreign Account Tax Compliance Act (FATCA) is an important development in U.S. efforts to improve tax compliance involving foreign financial assets and offshore accounts. But, will it impact you? Find out.

February, 2012

Converting a traditional individual retirement account (IRA) to a Roth IRA can offer greater flexibility in retirement. So, should you convert? Ryan Losi, CPA, offers advice for this year's tax return.