Ten Mid-year Tax Strategies for 2013
The summer is typically a time for individual taxpayers and small-business owners to take a deep breath while catching up on some recreational pursuits or other pleasurable activities. But there…
Volume 3 Issue 4 | July 2013
A New Financial Reporting Option that Helps Small Companies
The Competitive Edge, Volume 3 Issue 4 | July 2013
Many privately held businesses in the United States do not need GAAP-based financial statements and may currently be using a special purpose framework, such as the income tax or cash…
Five Ways to Defray New Medicare Surtax
The Competitive Edge, Volume 3 Issue 4 | July 2013
Beginning this year, certain high-income individuals may be liable for a new 3.8% surtax on investment income. Unlike other tax changes for 2013 included in the American Taxpayer Relief Act…
Employer Health Care Reporting Postponement
The Competitive Edge, Volume 3 Issue 4 | July 2013
The effective date of the employer mandate provision of the Affordable Care Act (ACA) has been postponed until January 1, 2015. The mandate was originally scheduled to go into effect…