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 …
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
March 15, 2012: Pennsylvania Department of Labor and Industry has issued erroneous 2012 PA Unemployment Compensation Tax Contribution Rate Notices. Recently, the Pennsylvania Department of Labor and Industry mailed 2012 Unemployment Contribution (UC) Rate Notices to employers. The Department of Labor and Industry has indicated that a significant number of these new UC rate notices contain an …
Department of Labor and Industry | PA | PA Payroll tax | Payroll Tax Update | Reading | Unemployment Compensation management System | Urgent PA Tax Update
Ken Seidel, CPA of Herbein + Company, Inc. on Channel 69 News regarding tax scams. Click the following link to view the news clip from Channel 69 News WFMZ – TV: IRS Warns of Rampant Email, Fax Scams Targeting Tax Filers
An annual Gallup survey on the economy and personal finance found that a higher percentage of Americans (66%) are worried about not having enough money for retirement than about other financial matters.* They may have good reason to be worried. According to the Employee Benefit Research Institute, 56% of all workers have less than $25,000 in total …
Recent volatility and changes in the world of finance have probably affected your investment accounts and, quite possibly, the value of your real estate holdings as well. Have you considered that these changes may have increased your need for life insurance? Impact on Net Worth Many factors are at play when determining how much life insurance you …
Has Your Need for Life Insurance Changed | Life Insurance | Life objective | Net Worth | PA Life Insurance