Serving Others Away from Home

Many clients spend part of their summers volunteering for charities as part of service projects away from home.  If this is part of your schedule this summer, click here to read the IRS information on qualified itemized deductions for unreimbursed travel expenses:...

Hurricane Preparedness – Are Your Records Safe?

The first named event is already taking place off-shore!  Make certain that in addition to the preparations you are making with regard to your family’s physical safety, you consider safeguarding important information as well. The IRS encourages you to take a few...

Wedding Bells Ringing?

IRS Summertime Tax Tip 2013-01, July 1, 2013 Late spring and early summer are popular times for weddings. Whatever the season, a change in your marital status can affect your taxes. Here are several tips from the IRS for newlyweds:...

Five Basic Tips on Starting a New Business

The IRS has released its top five tips on federal tax responsibilities of starting a new business.   To see their “Top 5”, click here: http://www.irs.gov/uac/Newsroom/Tax-Tips-if-You-Are-Starting-a-Business If you are starting or expanding your business,...

Third Quarter 2013 Interest Rates

IR-2013-55, May 23, 2013 WASHINGTON ― The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning July 1, 2013, as in the prior quarter. The rates will be: three (3) percent for overpayments [two (2) percent...

Tax Updates for the Vero Beach Market

The FICPA hosts podcasts on the recent federal tax updates. Click the following link http://www.ficpa.org/Content/News/FederalTaxPodcasts/Articles/01092012.aspx to listen to the podcast. If you have any question as to how these changes affect your tax position, please...