This newsletter is full of ideas and suggestions that can help you with ongoing financial management and tax planning.  It contains information on: Cons and Pros of Roth IRAs Where to Find Investment Income Social Media for Business Owners Tax Calendar CPA Client Newsletter October 2015 TRS CPA Group CPA  Click to Read! This CPA Client Tax Letter…

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This newsletter is full of ideas and suggestions that can help you with ongoing financial management and tax planning.  It contains information on: Past Losses Offer Winning Opportunities Supreme Court Decision May Affect State Taxes Ongoing Responsibility for Retirement Plans Tax Calendar CPA Client Newsletter September 2015 TRS CPA Group CPA  Click to Read! This CPA…

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Historically, Maryland has allowed a state tax credit on a Maryland resident income tax return for taxes paid to other states; however, this credit has not been available to offset the local county tax calculation.  In a decision issued last month, the United States Supreme Court declared that Maryland’s refusal to grant a credit for…

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Late last month Congress passed the Trade Preferences Extension Act of 2015 to continue the fast track of trade negotiations (TPA, etc.). However, to pay for part of the Act’s provisions, the Act increased the penalties for not filing information returns (Form 1099) and the increase can be substantial in the case of multiple non-filed…

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