Looking for a late Valentine's Gift or an after Tax Season getaway? Plan to attend the AAA-CPA Annual Meeting when we set sail to Bermuda in June!
Are you planning to cruise with us for the 48th Annual Meeting & Education Conference in June but haven't made your reservations yet? Make sure to click here to see all details of the Annual Meeting and book today. Cabins are selling out quickly and we must have the group reserved by the middle of February! Don't miss out on our group savings of over $300+ per/cabin from regular rates. Members and Non-Members we encourage you to join us! Questions? E-mail firstname.lastname@example.org.
*We have two members looking to share rooms to assist on the cost of the cruise. Please contact email@example.com if you are interested in a room share during our group cruise.
IRS Liaison Committee Meeting SAVE THE DATE
March 18 at 2 p.m. Eastern. Please contact Mike Breslin, Chair at firstname.lastname@example.org for more information. To join this committee please visit us online at www.attorney-cpa.com or e-mail email@example.com.
Save the Date: 2011 Northeast Regional Education Conference
The 2011 Northeast Regional education conference will be taking place April 29 through May 1 at the Seaview Resort in Galloway, N.J. This is the same location we have been to in years past and located right outside the heart of Atlantic City. We encourage you to save the date and be on the lookout for full details at the beginning of February! This is a great way to celebrate the end of tax season!
Member Affinity Program Spotlight: Corevault
TWO MINUTES COULD SAVE YOUR PRACTICE. Contact CoreVault today about how their Cloud backup and recovery services can automatically and securely protect your firm’s data off-site every day with 24 X 7 customer support and 4 levels of data recovery. Contact CoreVault today at 866-981-5949 or visit them at www.corevault.com/aaacpa. Special member pricing as low as $19.95/month!
IRS poised to announce new FBAR Amnesty, member article
Member Morris N. Robinson, CPA, LLM published the following article, IRS Poised to Announce New FBAR Amnesty, in the Boston Business Journal on Feb. 4 on page 44. Please click here to read the article.
Happy Valentine's Day: Itemizers can finally file taxes
CNN Money Share
The Internal Revenue Service will begin accepting itemized tax returns, after having pushed back the process due to Congress' delay finalizing the tax code this year. That delay -- during which the IRS reprogrammed its processing systems -- meant that if you itemize deductions on Form 1040 Schedule A, you weren't able to file your taxes earlier than Feb. 14. More
Obama budget resurrects rejected tax increases
The Associated Press via Google News Share
President Barack Obama's budget proposal resurrects a series of tax increases that were largely ignored by Congress when Democrats controlled both chambers. Republicans, who now control the House, are signaling they will be even less receptive. More
Seeking the path to a simpler tax code
The New York Times Share
Amid deepening concern about the nation's long-term fiscal woes, momentum is building for bipartisan negotiations on a broad overhaul of the nation's labyrinthine tax code. More
Don't overpay on Social Security taxes
The Wall Street Journal Share
Did you work for two or more employers last year? If so, make sure you don't miss out on an easily overlooked tax credit. Check to see the total amount of the Social Security taxes all your employers withheld from your pay. The tax is also known as FICA, which stands for Federal Insurance Contributions Act. The total maximum amount withheld should have been $6,621.60, according to the Internal Revenue Service's Publication 17. More
Stern advice: 7 tax filing money savers
Tax filing season can be painful, and not just when you owe the IRS money. The process of collecting all of your information and figuring out where to get help and how to file forms is fraught, and the amount you spend getting your taxes done can sting. Here's how to make the whole process less costly. More
Missouri business owners uneasy about 'fair tax' proposal
A new proposal is on the table that could mean no more state income tax for Missouri residents. But to balance that out, sales taxes would go up, and that has many small business owners across the state feeling uneasy. More
Blogs, e-mails complicate estate planning
Columbus Local News Share
As anyone who's planned or settled an estate knows, it's hard enough, wading through the hereins and thereofs, to figure out who gets the dog and the china when someone passes. Simply giving someone authority over whatever's left in the bank account at death is nothing. Money tells no tales. Money makes no ill-advised comments. Money is simple. Passwords are not. More
Retirement annuities and estate planning
Personal Finance Share
Retirement annuities (RAs) are a great vehicle for estate planning now that there is no age limit on contributions, Tiny Carroll, an estate planner at Sanlam's Glacier division, says. He says normally the focus with RAs is on saving income tax. Few people think about the estate-planning opportunities. More
Estate and gift rules: Some clarity, for now
The New York Times Share
For estate planning, the big headline to emerge from the tax deal last December was that the estate tax exemption would be raised in 2011 to $5 million, or $10 million for married couples. Anything over those thresholds would be subject to a 35 percent tax. More