2010 Tax Relief Act Extends Lucrative Tax Breaks for Families Through 2012

Congress not only extended the current, lower individual income tax rates through 2012 in the recently enacted Tax Relief Act, it also extended a number of beneficial tax breaks for families and individuals. Through 2012, the law extended significant tax incentives for education, children, and energy-saving home improvements. Read more...

 Guidelines for 2011 Payroll Tax Cut

President Looks to 2011 to Begin Debate on Tax Reform

After touting legislative victories achieved during the lame-duck session, particularly the massive tax cut package - the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (2010 Tax Relief Act) - President Obama is looking ahead to 2011. The president signaled that he expects Republicans and Democrats in the 112th Congress to debate reforming the U.S. Tax Code. Read more...

Late Passage of Tax Legislation Delays Filing Season Start for Itemizers and Others, IRS Cautions

Because of late passage of the massive tax cut and extenders package by Congress at the end of December 2010, taxpayers who itemize deductions and certain others will need to wait until mid- to late February 2011 to file their individual tax returns, the IRS has cautioned. The IRS must reprogram its computer systems for the Tax Relief Act. In addition, the IRS reported that Form 1040, Schedule A will need to be updated as well. Read more...

Businesses Get Boost with 100% Bonus Depreciation and Code Sec. 179 Expensing

Businesses will benefit from a number of extended and enhanced tax breaks under the recently enacted Tax Relief Act. The 2010 Tax Relief Act boosts 50-percent bonus depreciation to 100 percent through 2011 and provides increased Code Sec. 179 expensing in 2012. Read more...

Construction at our building
Please note our building is currently under construction. You will find 'customer only' parking spots on the south side of our lot and continue to use the south or east entrance. We assure you that business will proceed as usual but let us know if you encounter any problems.