2016 Reporting Requirements of the Affordable Care Act

Beginning in 2016 (for health coverage offered on or after January 1, 2015), Internal Revenue Code (IRC) Section 6056 requires Applicable Large Employers (ALEs) to file information returns with the Internal Revenue Service (IRS) to report applicable healthcare...

2015 Year-End Tax Planning for Individuals

  As you finalize plans for the holidays, remember to include some year-end and 2016 tax and financial planning. You can develop a personalized strategy that will help you gain peace of mind. Traditional Year-End Considerations A number of traditional year-end...

2015 Year-End Tax Planning for Businesses

  As you prepare for the end of the year and the start of 2016, remember to review your overall tax and financial ¬†strategy. We are here to help provide peace of mind when planning for the future of your business. Expensing and Bonus Depreciation Many businesses...

Open Enrollment for Healthcare

Dear Clients and Friends, We hope you and your family are doing well and that your Thanksgiving plans are shaping up nicely! We wanted to reach out to you in case you are planning to enroll with the Healthcare Marketplace for health insurance. Per Obamacare, you are...

New IRS Deadlines for 2016

Please be aware of new filing deadlines for business and foreign accounts starting in 2016.  Partnership returns will be due March 15th and C Corporation returns will be due April 15th for companies on calendar year. Foreign account reporting, also known as FBARS will...

Federal Public Safety Employees

Good news for Federal Public Safety Employees. A new law passed by Congress will allow federal safety employees including law enforcement officers, customs and border protection officers, air traffic controllers and federal firefighters who have served for over 20...