New Health Laws Yield New Tax Forms- Part 2

If you received subsidies in 2014 to reduce the cost of health care from the marketplace, you should receive Form 1095-A. Form 1095-A shows the tax credits the insurer received on your behalf.  You should receive this form by January 31. This document must be received in order to complete your 2014 tax return.  If you have not received it …

What Do You Give the Man Who Has Everything?

Matthew Person, CPA  Todd Wilson, CPA Person CPA Group 3200 Lake Villa DriveMetairie, LA 70002(504) 780-8299 Fax 1-800-799-1292www.personhuffcpa.com  New York Yankee shortstop and future Hall-of-Famer Derek Jeter has played his last Major League Baseball game. In his last game,he chopped a single to third in the third inning to drive in a run, then took himself out for good. That final …

What Do You Give the Man Who Has Everything?

New York Yankee shortstop and future Hall-of-Famer Derek Jeter has played his last Major League Baseball game. In his last game,he chopped a single to third in the third inning to drive in a run, then took himself out for good. That final hit brings his total to 3,465 hits, along with a .310 batting average, five Gold Glove awards, and …

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.