You Just Need A Plan

Oops! Politicians in Iowa, like politicians everywhere, want to encourage their local economy to grow. (Happy voters lead directly to reelection, of course.) But back in 2008, construction in Iowa, like construction everywhere, had slowed because of the recession. So the Hawkeye state’s legislators did what they thought was a smart thing. As part of an overall reform that raised …

The Impact of Speaker Boehner’s Millionaire Tax

‘Here’s an interesting article on the Millionaire Tax written by the Tax Foundation and sent to us from Tax Coach. The Impact of Speaker Boehner’s Millionaire Tax Tax Foundation Fiscal Fact No. 347 By Stephen J. Entin & William McBride, PhD Washington, D.C., December 20, 2012 â€œIn the most recent twist of the fiscal cliff negotiations, Speaker Boehner has offered to …

The Impact of Speaker Boehner’s Millionaire Tax

‘Here’s an interesting article on the Millionaire Tax written by the Tax Foundation and sent to us from Tax Coach. The Impact of Speaker Boehner’s Millionaire Tax Tax Foundation Fiscal Fact No. 347 By Stephen J. Entin & William McBride, PhD Washington, D.C., December 20, 2012—In the most recent twist of the fiscal cliff negotiations, Speaker Boehner has offered to …

Six Tax Tips for Newlyweds

Wedding season is upon us and after saying “I do” you will have some changes to make. “Financial”  decisions and changes will need to be made in regards to your filing status. Make sure names and social security numbers match your social security administration records.  If you have changed your name, report the change to the SSA with Form SS-5(Application …

Canada’s Lower Corporate Tax Rate Raises More Tax Revenue

I know we have all heard the news reports about Burger King moving their headquarters to Canada.  The Tax Foundation, a non-profit, non-partisan research organization, has written an excellent article addressing Canada and their tax rates.  Please click here to read this article.

Louisiana Tax Amnesty 2014: October 15-November 14, 2014

Louisiana Tax Amnesty 2014 is a one month period for individual and business taxpayers to bring delinquent tax accounts up to date by clearing unpaid tax bills and filing overdue state tax returns. This is completely voluntary and begins on October 15, 2014 and ends on November 14, 2014. Amnesty will be granted only for the eligible taxes to eligible …

Gaming the System?

“Gaming the System”? America’s biggest companies fight like tigers for surprisingly tiny advantages. Grabbing as little as a single extra percent of market share can mean millions in new revenue, especially in popular categories like soft drinks or laundry detergent. The same is true when it comes to taxes. A chief financial officer who cuts his company’s tax rate by …

Managing Your Charitable Donations

Matthew Person, CPA Todd Wilson, CPA Person CPA Group 3200 Lake Villa Drive Metairie, LA 70002 (504) 780-8299 Fax 1-800-799-1292www.personcpa.com Berkshire Giveaway Someday, the financial wizards who run things on Wall Street will realize there’s “paper to be stacked” opening an Investor Hall of Fame. (Hey, the  Rock and Roll Hall makes $40 million a year, and it’s in Cleveland.) And …

Shoebox full of receipts or an actual tax plan?

Matthew Person, CPA Todd Wilson, CPA Person CPA Group 3200 Lake Villa Drive Metairie, LA 70002 (504) 780-8299 Fax 1-800-799-1292www.personcpa.com Cleveland Rocks! Cleveland, Ohio has historically been one of America’s most populous and productive cities, peaking as the fifth-largest back in 1920.  Today, “C-Town” is a shadow of its former glory, another Rust Belt factory town, best known for the …