Archive for the ‘Blog’ Category

Medicare Increase – Are you a 30 percenter?

11/12/15 4:25 pm | Comments (0) | Posted By:

Fixed income recipients may see substantial changes to their “net” take home of Social Security benefits in 2016. Social Security benefits are not likely to see a cost-of-living adjustment (COLA) for 2016 due to stagnant inflation during the year, but Medicare Part B premiums are scheduled to increase around 16%. If you have already been rece...

Tax Extenders – Yes or No? And when will we know?

04/12/15 11:33 am | Comments (1) | Posted By:

With a month left in 2015 it is that time again for Congress to act on the uncertainty of some beneficial tax breaks for taxpayers. This has been an ongoing problem with Congress, as in 2014 these tax benefits weren’t approved until December of 2014.  This inaction has led to heartaches for CPAs, individuals and business owners as to their incom...