You thought you were done when you filed your tax return in April. But then the letter from the IRS arrived. Here’s how you can avoid common audit mistakes and keep your tax pain to a minimum. Read and follow the notice. It will tell you which year’s tax return the IRS is questioning and the items …
Anyone who spends a significant amount of time traveling for business purposes will tell you that living out of a suitcase is no fun. Despite routinely traveling to destinations many people only hope to visit, many business travelers dislike having to leave home on an extended business trip. Taking a spouse or the whole family along from …
Herbein Joins 2012 Relay for Life of Berks County Herbein is proud to announce our participation in the 2012 Relay for Life of Central Berks in memory of John J. Liptock. This year the Central Berks Relay will be held on May 18, 2012, 6:00PM at Schuylkill Valley High School. In 2011, our partner and friend John …
2012 Relay for Life | John J. Liptock | John Liptock's Herbein All-Stars | PA | Relay for Life of Central Berks | Roxanne McMurtry
Taxpayers have until Tuesday, April 17, to file their 2011 tax returns and pay any tax due because April 15 falls on a Sunday, and Emancipation Day, a holiday observed in the District of Columbia, falls this year on Monday, April 16. Federal law states District of Columbia holidays impact tax deadlines in the same way as …
Welcome to the Herbein Energy Advisor enewsletter presented by Herbein + Company, Inc. – CPAS and Consultants. The Herbein Energy Advisor is a monthly newsletter that will include important timely news to help shale region businesses succeed. Have a question or a hot topic suggestion? Email us at gotfeedback@herbein.com or visit our website at www.herbein.com. April 2012 …
2012 election | Candidates on Energy | Herbein Energy Advisor | PA presidential primary
Standard Mileage Rate – Not Always Better The standard mileage rate may be simpler but is not always better. Instead of deducting actual expenses, you may have the option of using an IRS-provided standard mileage rate to figure your deduction for the business use of an automobile. Given the choice, you may favor the standard mileage rate …
2012 mileage rate | 2012 mileage rate not always better | deduction | IRS deduction | PA mileage rate | Standard mileage rate
Should You Pay Estimated Taxes? Once you’ve filed your income-tax return, you may be ready to put some distance between you and the IRS and turn your attention to other things. If you’re employed, you probably can take a breather, since your employer will handle ongoing income-tax payments for you through the wage withholding process. But it’s …
2011 estimated tax | 2012 estimated tax | IRS annualized income installment method | pa tax estimate | refundable tax credits
Prevent an Estate Disaster It’s a situation no one wants to think about: A husband and wife, or parent and child, die in a common disaster. The emotional impact on a family is tremendous. Financial and legal complications can cause added hardship for loved ones left behind. Creating an estate strategy to address this devastating possibility can …
Estate Planning | Estate Tax | PA Estate Strategy | PA Estate Tax | Prevent an Estate Disaster
IRAs are designed primarily to help provide you with a tax-advantaged way to invest for retirement. But did you know that if you’re fortunate enough to have more retirement investments than you’ll need, an IRA can be an effective means for leaving your heirs a tax-advantaged financial legacy? Two IRA options With a traditional IRA, your contributions …
On February 22, 2012 President Barack Obama signed off on the extension of the reduced 4.2% Social Security tax rate through the end of the year (The Middle Class Tax Relief and Job Creation Act of 2012, H.R. 3630). This was passed by Congress last week. The employee portion of the Social Security tax was originally reduced …
PA | Payroll | Payroll Tax Cut Extended | Pennsylvania | Social Security Tax | Unemployment