by Kevin Thompson | Dec 23, 2014 | Tax Laws
In recent years it’s become a sort of badge of honor to declare oneself a failure as a startup. Popular Silicon Valley “failures” believe that since the opportunity to fail is so available there’s no reason to do research as its more trial by error. Taking big...
by Kevin Thompson | Dec 22, 2014 | Tax Laws
According to payroll company ADP, a giant in the industry, jobs in the private sector have increased by 230,000 from September to October 2014. 102,000 jobs were added to small businesses according to the ADP National Employment Report with 53,000 in companies...
by Kevin Thompson | Nov 6, 2014 | Tax Laws
IRS Commissioner John Koskinen addressed hundreds of attendees at the AICPA National Tax Conference recently and noted that the 2015 tax season will be one of the most complicated tax seasons ever. This is, in part, because two new provisions introduced in the Patient...
by Kevin Thompson | Sep 13, 2014 | Tax Laws
As we watched the Donald Sterling case play out on the news, we were reminded of the importance of making sure our boilerplate trust clauses are as we want them to be. LA Clippers owner Donald Sterling was stripped of his rights to not sell the team by his estranged...
by Kevin Thompson | Sep 12, 2014 | Tax Laws
Now that Baby Boomers are getting older, those in defined contribution plans such as (401 (k) and 403 (b), are finding that they aren’t sufficient to provide income for the duration of the retiree’s life. Although 403 (b) plan annuities are better, the problem still...
by Kevin Thompson | Sep 11, 2014 | Tax Laws
After the IRS’s tax return preparer’s regulation program was defeated in federal court, IRS Commissioner John Koskinen made that comment that the IRS should make available a voluntary tax return preparers certification. The AICPA responded to the commissioner with...
