On April 26, 2017, with some fanfare, the Trump administration has provided information on proposed tax law changes, many of which mirror his previous tax policy statements. Although these proposals…
Under the Affordable Care Act (ACA or Obamacare), a health reimbursement arrangement (HRA) is treated as a group health plan, and as such, it has to meet all of the…
Most taxpayers don’t intentionally incur tax penalties, but many who are penalized are simply not aware of the penalties or the impact they can have on their wallet. Let’s look…
As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for…
If you are a parent, whether single, married or divorced, there are a significant number of tax benefits available to you, including deductions, credits, filing status and exemptions, that can…
If you wish to make an IRA contribution for 2016, you still have time. Contributions can be made up to the unextended due date of your tax return, which for…
At one point or another in a workers’ career, burnout can likely become an obstacle. For some it can lead to their dismissal; for others it might serve as a…
By 2030, one in five Americans will be 65 or older. Among today’s retirees, 87 percent say they want to stay in their current home and community as they age….
In October, the Social Security Administration released the annual cost of living adjustment (COLA) update for Social Security benefits for 2017. The average monthly increase next year for retirees is…
President-elect Donald Trump’s agenda places tax changes as a high priority item. Some of the proposed changes are a radical departure from where the tax code stands now and will…
