Author Profile: FDJ,CPA
2018 HSA limits announced
June 10, 2017
The IRS recently announced the 2018 inflation-adjusted limits for health savings accounts. For 2018, taxpayers can contribute up to $3,450 (up from $3,400 ...
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Summer business tip
June 9, 2017Summer is a good time to do business entertaining. Normally, deductions for business entertainment and meals are limited to 50 percent of the expenses. How...
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Reminder: Second quarter estimated tax payments are due June 15
June 15, 2017, is the due date for making your second installment of 2017 individual estimated tax. Your check to the United States Treasury should be acco...
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Two facts about your chances of being audited
June 8, 2017Your chances of being audited are probably lower than you think. A look at the latest IRS statistics for 2016 reveals two interesting and reassuring facts ...
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Service charges vs. tips
Remember, service charges do not receive the same tax treatment as tips. Service charges are non-tip wages, and employers must treat them as such for tax w...
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Single people have financial considerations that differ from those who are married. But this doesn’t mean they should overlook financial planning
Whether you are a lifelong single person or you found yourself single through divorce or the death of your spouse, you have your own financial consideratio...
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Don’t Make an expensive mistake with your IRA
March 17, 2017Simple mistakes on your IRA can cost you dearly. Perhaps you accidentally doubled up on your IRA contribution for 2016. Did you forget to take your require...
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FLUGGE CPA’S VIEW ON PAYING TAXES
January 4, 2017Judge Learned Hand Wrote: “Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which be...
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2016 Earned Income Tax Credit Refund Delays
The IRS will begin to release EITC/ACTC refunds starting Feb. 15. However, the IRS cautions taxpayers that these refunds likely won’t arrive in bank acco...
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Be aware of these four IRA rules
March 25, 2016If you have an individual retirement account, you’re aware of how complicated the rules can get. Here are four to remember as you prepare your 2015 feder...
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