by Mary Doherty | Jan 20, 2017 | Tax Planning
The requirements of the health care law will need to be taken into account on 2016 tax returns. Below is an overview of those requirements and their impact on Form 1040 series. U.S. citizens or non-U.S. citizens living in the United States: Must have qualifying health...
by Mary Doherty | Jan 17, 2017 | Estate Planning, Tax Planning
The Internal Revenue Service has posted cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2017. Highlights of changes for 2017 The income ranges for determining eligibility to make deductible...
by Mary Doherty | Jan 13, 2017 | News
U.S. Citizenship and Immigration Services (USCIS) has released a newly revised version of Form I-9, Employment Eligibility Verification. Employers may continue to use the old version dated February 8, 2013 through January 21, 2017. On Jan 22, 2017, all employers must...
by Mary Doherty | Jan 6, 2017 | Business Planning, Tax Planning
Background The 21st Century Cures Act (Act), recently signed into law, has numerous components; however, an important change is the creation of the Qualified Small Employer Health Reimbursement Arrangement (HRA). This allows small employers to reimburse individual...
