Archive for the ‘News’ Category

Beware: Two New Taxes

Posted on: December 10th, 2013 by admin No Comments

Although the tax law is modified each year, the types of taxes we pay remain relatively constant. These include taxes on sales, income, property, estate/gift, social security, unemployment, etc. However, beginning in 2013, there is an introduction of two new taxes, which are part of the Affordable Care Act: Net Investment Income Tax and an additional Medicare Tax on wages and […]

Projected Revenue Impact of Proposed Immigration Reform

Posted on: August 20th, 2013 by admin No Comments

Projected Revenue Impact of Proposed Immigration Reform It appears there could be some political compromise on additional tax revenues after all. In April 2013, the Senate passed the Border Security, Economic Opportunity, and Immigration Modernization Act, which most notably would increase the number of people who are granted legal status. If enacted into law, this bill is estimated to save […]

Treasury postpones employer health care penalty, information reporting for one year

Posted on: July 3rd, 2013 by admin No Comments

Treasury postpones employer health care penalty, information reporting for one year … as reported by the Journal of Accountancy  BY ALISTAIR M. NEVIUS, J.D. JULY 2, 2013 Large employers that fail to provide minimum health coverage for employees will not be subject to the shared-responsibility penalty until 2015 after Treasury announced on Tuesday that it would […]

CPAs are so COOL says the BIG BANG THEORY!

Posted on: February 6th, 2013 by admin No Comments

Watch this video clip- a skit that the cast from the  BIG BANG THEORY did at the 2012 EMMYs. No, CPAs didn’t actually win an Emmy. Nor were they nominated for one. But the Emmys and some of the cast of “The Big Bang Theory” took a new and creative approach to acknowledging the CPAs […]

WSOC TV featuring Potter & Company: Fiscal Cliff Deal Means Changes to Tax Code

Posted on: February 5th, 2013 by admin No Comments

link to WSOC TV’s website to watch the video and read the full story http://bit.ly/12pKBM8 Fiscal cliff deal means changes to tax code By Scott Wickersham CHARLOTTE, N.C. — The IRS started processing tax returns last week after last-minute fiscal cliff negotiations pushed them back. Congress’ deal also packed major changes into the nation’s tax code. Tax […]

Tax tips on WSOC’s Channel 9 2/4/2013

Posted on: February 4th, 2013 by admin No Comments

Channel 9 WSOC’s Scott Wickersham is doing a spot on Tax issues and tips for their viewers. He interviews our own Sam Leder and Eric Fletcher. CLick below for the teaser…… WSOC tax commercial 2013  

Just in…… Analysis of American Taxpayer Relief Act of 2012

Posted on: January 3rd, 2013 by admin No Comments

Analysis of American Taxpayer Relief Act of 2012  As you are likely aware, Congress just passed a new tax act on January 1, 2013 which has been signed by President.  Following is a summary of the largest, most-impactful provisions of the act. First, here are a few changes, which were already signed into law and […]