Taxes

vanpooling

January 8, 2015 

Taxpayers Barely Avoid a Tax Hike On Commuter Benefits

The new tax extenders law enacted in 2014 – the Tax Increase Prevention Act (TIPA) – preserved a key tax break for commuters. Under TIPA, a higher tax-free monthly allowance for mass transit passes and vanpooling was approved for 2014, retroactive to ...

medical bills

January 7, 2015 

7 Tips to Keep Medical Bills in Check

Debt collection is the top complaint the Consumer Financial Protection Bureau has received since September 2013. Out of all debt types, medical collections make up 52 percent of collection accounts on credit reports, far outpacing all other types of debt.

 5 Financial Resolutions for 2015

January 7, 2015 

5 Financial Resolutions for 2015

The New Year isn’t just a time for revelry, it’s also a landmark for new beginnings. Folks around the world make promises to themselves and loved ones about how they plan to change their lives for the better. That’s why the gym always seems so crowded in January, while the job market gets flooded with...…

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January 7, 2015 

New York Accounting Firms Merge

The accouting firms of Nussbaum Yates Berg Klein & Wolpow, LLP and Want & Ender CPA, P.C. have merged effective January 1, 2015. The name of the combined firm will be Nussbaum Yates Berg Klein & Wolpow, LLP.

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January 6, 2015 

How to Take Advantage of Employment Tax Credits

As you’re probably well aware of by now, Congress passed a “tax extenders” bill late in 2014 preserving dozen of expired tax provisions. Among other tax breaks, the Tax Increase Prevention Act of 2014 (TIPA) authorizes employers to claim tax credits ...

 Tax Outlook for 2015 is Not So Clear

January 6, 2015 

Tax Outlook for 2015 is Not So Clear

What’s the projected tax forecast for 2015? Currently, it appears to be cloudy with a chance of tax reform. But keep in mind that the climate for significant tax change is usually unpredictable.

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January 5, 2015 

6 Common Income Tax Myths

While millions of American taxpayers wait for their W-2, 1099 and other important tax documents to arrive in the mail, their thoughts turn to the often-dreaded prospect of filing their 2014 tax returns.