by apexcpas | Jul 4, 2018 | Tax Planning
A recent decision of the Second Circuit Court of Appeals has allowed deductions for a charitable contribution of a façade easement and a related cash contribution, which previously had been disallowed by the Tax Court. In 2003, Huda Scheidelman applied to a charity to...
by apexcpas | Jul 4, 2018 | Tax Planning
If your company has discovered the advantages associated with hiring older workers – like know-how, experience, work ethic, etc. – you may be interested in the conclusion articulated by the IRS in its spring 2012 issue of Retirement News for...
by apexcpas | Jul 4, 2018 | Tax Planning
If your child recently graduated from high school or college and is starting a full-time job with benefits, now is a good time to review relevant tax issues. New hires should make sure they set the right level of withholding. They are asked to complete Form W-4,...
by apexcpas | Jul 4, 2018 | Tax Planning
Your parents always told you there is no such thing as a free lunch. In Vermont, the tax collectors apparently decided there was no such thing as a free toothbrush either. As reported by WPTZ News in Burlington, Vt., the state legislature had to rein in aggressive tax...
by apexcpas | Jul 4, 2018 | Tax Planning
In a case that trounces any semblance of fairness, the Tax Court has denied more than $4 million in charitable contribution deductions claimed by a couple who had undervalued the contribution. Joseph Mohamed is a real estate broker, a certified real estate appraiser...