The file-and-suspend claiming strategy to try and optimize Social Security benefit disappears.
The Tax Man Commeth
Whether Old Punxsutawney Phil’s Groundhog Day prediction came true or not, one thing is certain to arrive each year: Tax Day. April 15, 2015 is just a short 7 weeks away. There’s no hiding or going back into a hole to avoid or evade its certainty. We must face it head on. Mailboxes across the […]
When will the IRS budget cuts finally stop?
Can the trend of IRS budget cuts continue, even as the nation’s tax code and regulations become more complex each year? Tax advisor Dan Engelhardt explains.
Planning in an Uncertain Tax Environment
While I would love to be telling you all about a new 2014 tax law extending the 54 tax provisions that expired at the end of 2013, I can’t because it is mid-November and Congress still has not passed any tax legislation to clarify the situation. Even without a new tax law there are still […]
Tax Increase Prevention Act of 2014
On December 16th, Congress passed the Tax Increase Prevention Act of 2014. This Bill, which is awaiting the President’s signature, extends over 50 tax provisions that expired 12/31/13 and retroactively reinstates them for a period of one year to cover the 2014 tax year. It is uncertain if these provisions will be extended past 2014, […]