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Luxury Auto Limits

Luxury auto limits, that is, the depreciation limits and the inclusion amounts for leases, impact many taxpayers.  The new luxury auto limits for 2014 have been announced by The Internal Revenue Service. The IRS just recently issued Rev. Proc. 2014-21 pertaining to...

Tax Time is Near, Gather Your Information

It’s tax time and time to gather your information.  As 2013 comes to a close and 2014 begins, individuals and entities alike will begin to received tax source documentation this January and it is imperative that recipients utilize a system to organize and...

Tax Return Preparation – Use a Pro

As we approach year end and enter the new year, many of you will be looking at you tax return preparation needs.  Some of you will again prepare your own return using retail tax software.  Others will go to a mass production tax return processing firm like those...