At a White House Rose Garden ceremony this morning, President Obama signed a policy calling on two federal agencies to develop national standards for fuel economy and greenhouse gas emissions for medium and heavy trucks.… Read More »Obama Signs Policy Calling for Truck Fuel Economy Standards
Press Release (Article Source) Emil Estafanous, CPA Receives 2010 Best of Norwalk Award U.S. Commerce Association’s Award Plaque Honors the Achievement NEW YORK, NY, May 18, 2010 — For the second consecutive year, Emil Estafanous,… Read More »2010 Best of Norwalk Award
Do you run your small business as a one-person operation? You might consider setting up a solo 401(k) plan. This type of qualified retirement plan provides an edge over comparable plans. With the usual type… Read More »Solo 401(K) Retirement Plans
The new health care law includes sweeping changes for both employers and individuals. Following is a brief summary of several key tax-related provisions. Coverage for individuals: After 2013, any individual not eligible for Medicare or… Read More »Tax aspects of health care law
Tax-Free Employer-Provided Health Coverage Now Available for Children under Age 27 As a result of changes made by the recently enacted Affordable Care Act, health coverage provided for an employee’s children under 27 years of… Read More »Dependent Health Coverage
Millions of small businesses will receive postcards from the IRS beginning the week of April 19 that alert them to the new Small Business Health Care Tax Credit and encourage them to check their eligibility.… Read More »Small Business Health Care Tax Credit
U.S Transportation Secretary Ray LaHood announced March 31 a federal rule that proposes to specifically prohibit texting by interstate commercial truck and bus drivers. The proposed rule would make permanent an interim ban announced in… Read More »ATA Supports Proposed Commercial Driver Texting Ban Regulation
The stock market continues to have its ups and downs. Therefore, it’s not unusual for an investor to own shares of the same stock purchased at different times and different prices. How are tax gains… Read More »Identification of stock sales
Sunday’s night’s health care bill will go down as one of those once-in-a-generation accomplishments. I’m not here to debate the merits of the bill – historians will still be doing that decades from now. But… Read More »Washington Reforms Health Care And Taxes
President Obama signed into law the Hiring Incentives to Restore Employment Act (HIRE), an economic stimulus plan that contains $15 billion dollars in new incentives for businesses, which hire unemployed workers in 2010. Two key… Read More »Hiring Incentives to Restore Employment Act (HIRE)
There are now 13 acceptable documents the IRS will accept as proof of identity. An original, or a certified or notarized copy, of an UNEXPIRED passport is the only document that is accepted for both… Read More »What documents are acceptable as proof of identity and foreign status?
The tax court has ruled that a tax return is not considered timely filed if it is lost by the U.S. Postal Service and it was not sent by registered or certified mail. In order… Read More »How do I make sure my tax return is received by the IRS?