Category Archives: 04 – April 2011

Does Your Will Control?

Posted on May 9, 2011 by

It is vital that everyone have a will, regardless if you are 30 years old or 75 years old. Wills are not just for senior citizens. However, you need to be aware that your will may not be the controlling … Continue reading →

Posted in 04 - April 2011, Retirees, Wills and Estates | Leave a comment

Congress Repeals Expanded 1099 Reporting Requirements

Posted on April 21, 2011 by

In a vote earlier this month, the U.S. Senate overwhelmingly voted to repeal the expanded 1099 information reporting requirements that were included as part of the health care reform legislation passed in 2010. Several previous attempts to repeal this provision … Continue reading →

Posted in 04 - April 2011, Form 1099, Internal Revenue Service, Tax Information | Leave a comment

Reporting Health Insurance Costs on the Form W-2

Posted on April 21, 2011 by

Many have expressed concerns about a provision in the massive healthcare legislation which required the cost of health insurance coverage to be reported on each employee’s Form W-2. Most of the concerns centered around the potential taxability of health coverage … Continue reading →

Posted in 04 - April 2011, Form W-2, Tax Information | Leave a comment

Eight Tips for Deducting Charitable Contributions

Posted on April 1, 2011 by

It is April – and it is tax month! If you have not yet filed your tax return, here are eight tips offered by the Internal Revenue Service concerning charitable contributions. As you know, charitable contributions made to a qualified … Continue reading →

Posted in 04 - April 2011, Charitable Gifts, Form W-2, Internal Revenue Service, Tax Information | Leave a comment