Archive for the ‘Blog’ Category

Incorrect 1095-A Forms and Enrollment Extension

26/02/15 2:55 pm | Comments (1) | Posted By:

  It was announced on Friday, February 20, 2015 that approximately 800,000 people received incorrect 1095-A forms. The 1095-A forms are used to report the premiums and tax credits for taxpayers who signed up for discounted health insurance coverage through the HealthCare.Gov Marketplace. This error affects up to 20% of the statements sent by ...

A Quick Look at the History of the IRS

19/02/15 1:23 pm | Comments (0) | Posted By:

  Have you ever wondered when and how the IRS got its start? I did and so I did a little research. The IRS traces its origins back to the Civil War. In 1862, President Lincoln signed the Revenue Act of 1862 into effect. This law was intended to help pay for war expenses by establishing a Commissioner of Internal Revenue and the country’s f...

The Future of the Daily Show

12/02/15 10:46 am | Comments (0) | Posted By:

  In case you have not heard, Jon Stewart will be stepping down as the host of The Daily Show with Jon Stewart. Currently his contract is set to run out sometime in September, but he has said that he is unsure of when he will actually leave the show. Jon’s satirical reporting is what has gotten me, as well as many other younger people, to wat...

A Series LLC. It could be just what you are looking for.

05/02/15 10:49 am | Comments (0) | Posted By:

  What is a Series LLC? A Series LLC was first introduced to assist the mutual fund industry avoid filing multiple SEC filings for different classes of funds. The idea was to use one entity for all funds filing under one “umbrella”, but permit the funds individual activity to be conducted separately. Only a few states allow the creation of...