Just a Reminder: 1099 Expansion Has Been Repealed

Tax

By Martin DiGiovine

As employers prepare to send out Form 1099s for tax year 2011, they may recall hearing that the reporting requirements would be greatly expanded this year, ... read more >

Don't Be Fooled By Cyber Criminals Impersonating the IRS

Tax

By Ron Kramer

As tax season begins (again already!), tax accountants begin to daydream about spring fishing trips. It’s important to keep in mind that crooks like to “phish” too. Ron Kramer shares details on their latest scam.... read more >

IRS Using Property Transfer Records to Catch Gift Tax Evaders

Tax

By Melanie LaSota

Pennsylvania and Ohio residents who have recently gifted real estate to family members without filing gift tax returns may soon receive audit notices from ... read more >

1040 Deadline Extended to April 17, 2012

Tax

By Mark DiPietrantonio

The Internal Revenue Service has announced that taxpayers have until April 17, 2012 to file their 2011 individual income tax returns and pay any tax due.... read more >

An Early Holiday Gift from Congress

Tax

By Martin DiGiovine

On Thursday, December 22, 2011, Speaker of the House John Boehner reached an agreement with Senate leaders to pass the two month extension of the payroll tax holiday that he previously opposed. Both the House and Senate passed the bill on Friday December 23, 2011.... read more >

Will the Payroll Tax Holiday be Extended?

Tax

By Ron Kramer

“Twas the night before Christmas ……. …..and the Payroll Tax Cut is Stuck in the House! The holiday spirit for some 160 million ... read more >

Proposed Regulations for Passive Loss Rules for Limited Partners and LLC Members

Tax

By Kathleen Myers

In response to several losses in court, the IRS is redefining a limited partnership interest under the passive loss rules. The IRS has issued proposed ... read more >

2011 Charitable Contribution Considerations

Tax

By Dennis Mowrey

The year 2011 is quickly slipping away, and it’s that time when people look to make charitable contributions. Who can I make a donation to? How much ... read more >

Senate Begins Debate on Extension of the Social Security Payroll Tax Holiday

Tax

By Ron Kramer

Proposed legislation in Washington would cut the Social Security payroll tax from 6.2% to 3.1% for 2012. Ron Kramer provides an inside look at this proposed legislation.... read more >

New Bill Aims to Roll Estate Tax Rates Back to Pre-Bush Era Levels

Tax

By Melanie LaSota

Over the past several weeks, estate planning practitioners kept watchful eyes on the Joint Select Committee on Deficit Reduction (the “Super Committee”) ... read more >