Category Archives: Taxes

CPA Client Tax Letter for 2nd Quarter 2016

Posted on May 13, 2016 by admin

Client Tax Letter 2016 2nd Quarter Deals with: Cons and Pros of Roth IRAs Facing College Costs Deducting Taxes Paid QTIP Trust Still Offer Advantages Succession Planning for a Family Business Down to Zero – The 0% cost-of-living adjustment (COLA) … Continue reading →

Posted in Taxes | Tagged College Costs, Deducting Taxes Paid, QTIP Trusts, Roth IRAs, Succession Planning | Comments Off

CPA Client Tax Letter for 1st Quarter 2016

Posted on March 25, 2016 by admin

Client Tax Letter 2016 1st Quarter Deals with: Past Losses Offer Winning Opportunities What You Should Know About Student Loans Passive Activity Losses From Rental Property Supreme Court Decision May Affect State Taxes SIMPLE 401(k) Plans May Appeal to Employees … Continue reading →

Posted in Taxes | Tagged 401(k) plans, passive active losses, rental property, student loans, Taxes | Comments Off

CPA Client Tax Letter for 3rd Quarter 2015

Posted on June 19, 2015 by admin

Client Tax Letter 2015 3rd Quarter Deals with: Are Tax Refunds Good or Bad? Above-The -Line Tax Deductions Holding Stocks in Retirement Accounts Finding a Low-Tax State Turn Relatives Into Employees to Reduce Taxes When Workers Are Independent Contractors This CPA … Continue reading →

Posted in Taxes | Tagged above-the-line tax deductions, independent contractors, low-tax states, stocks in a retirement account, tax refunds | Comments Off

Tax Day Trouble, Terri in the News

Posted on June 15, 2015 by admin

Your worst nightmare, you need help from the IRS to finish your return and you can’t reach them. Worse yet, you find out that a fraudulent return was filed in your name and you HAVE to reach the IRS. Now … Continue reading →

Posted in Taxes | Tagged fraudulent return, IRS | Comments Off

Tax Withholding, Terri Hornberger in the News

Posted on May 5, 2015 by admin

How important is getting your tax withholding allowances correct? Just ask your CPA! Terri Hornberger makes sure her client’s have the correct allowances so they are not giving the government an interest-free loan. This is such an important topic that … Continue reading →

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CPA Client Tax Letter for 2nd Quarter 2015

Posted on April 2, 2015 by admin

Client Tax Letter 2nd Quarter 2015 Deals with: Renting versus Buying a Home Tax-Free Roth IRA Conversions Final Regulations Bolster Longevity Annuities As Collectibles Boom, Selling Can Be Taxing S Corporation or LLC? Be Wary of Accumulated Assets This CPA Client … Continue reading →

Posted in Taxes | Tagged LLC, Roth IRA, S Corporations | Comments Off

CPA Client Tax Letter 4th Quarter 2014

Posted on January 21, 2015 by admin

Client Tax Letter 2014 4th Quarter Deals with: A Tale of Two Couples Year-End Investment Tax Planning Year-End Charitable Tax Planning Year-End Family Tax Planning Year-End Retirement Planning Year-End Estate Planning Year-End Business Tax Planning This CPA Client Tax Letter is … Continue reading →

Posted in Taxes | Tagged Business Tax Planning, Charitable Tax Planning, Estate Tax Planning, Family Tax Planning, Investment Tax Planning, Retirement Tax Planning | Comments Off

CPA Client Tax Letter 2nd Quarter 2014

Posted on June 19, 2014 by admin

Client Tax Letter 2014 2nd Quarter Deals With: Is It Time to Trim Stocks? Benchmark Based Life Insurance and Annuities Underused Business Tax Deductions SEP Plans Go Separate Ways Estimated Taxes for Business Owners Mixing IRA Distributions with Social Security This … Continue reading →

Posted in IRS, Newsletter, Taxes | Tagged Annuities, Business Tax Deductions, IRAs, Life Insurance, SEP Plans, Stocks, Taxes | Comments Off

CPA Client Tax Letter 2nd Quarter 2013

Posted on June 10, 2013 by admin

CPA Client Tax Letter 2nd Quarter 2013 Deals With: Special Report on the American Taxpayer Relief Act of 2012 Reducing Uncertainty, Increasing Complexity Lower Incomes, Higher Taxes Estate and Gift Taxes Have Been Clarified Breaks for Business Owners ATM Relief, Child … Continue reading →

Posted in Taxes, Uncategorized | Tagged American Taxpayer Relief Act of 2012, ATM Relief, Child Tax Credit, Estate and Gift Taxes | Comments Off

CPA Client Tax Letter 1st Quarter 2013

Posted on January 23, 2013 by admin

The CPA Client Tax Letter for the 1st Quarter 2013 Deals With: The Supreme Court’s Health Insurance Decision: What It Means to You Now Trusts and Estates May Owe the Medicare Surtax, Too Additional Medicare Tax for Certain High-Income Taxpayers Higher … Continue reading →

Posted in AICPA, Insurance, Medical Deductions, Medicare, Taxes, Trusts | Tagged gambling taxes, health insurance, medical deductions and exemptions, medicare tax, Terri Moss Hornberger CPA, trusts and estates medicare surtax | Comments Off