Unless you avoid the news and if you do, I can’t say a blame you, you probably heard the term Tax-maggedon or the Fiscal Cliff bandied about by the news clones for several months of 2012. Even as disaster loomed the parties in the lame duck congress and the president [...] Read more »
US Congress Will Punt-Legislative Update June 2011
Last year I spent a lot of time writing about how the US Congress had done nothing with respect to resolving tax issues. Why is it important for Congress to pass tax law? It is very hard to do tax planning before the end of the year, when you do not know [...] Read more »
To HIRE or not to HIRE?
The Hiring Incentives to Restore Employment Act (HIRE) was signed in to law by President Obama on March 18, 2010. If an employer hires a worker after February 3, 2010 and before January 1, 2011 and this worker has been out of worker for more than 60 days, the employer is [...] Read more »
Time to HIRE?
The Hiring Incentives to Restore Employment Act (HIRE) was signed in to law by President Obama on March 18, 2010. Under the new laws certain employers may benefit from hiring certain kinds of new employees. The first break eliminates the employer’s portion of the Social Security tax of 6.2%. If [...] Read more »