Tax rules apply to family loans
Published on: 07/07/2012 By: Gorfine, Schiller & GardynThere are many worthwhile reasons to lend money to a relative. For example, you may want to help a child or sibling continue their education… Read more »
Watch out for bogus e-mails
Published on: 06/13/2012 By: Gorfine, Schiller & GardynThe e-mail from your bank gets your attention right away. It says you need to log into your account in the next 48 hours to… Read more »
Who needs to make quarterly income tax payments?
Published on: 06/03/2012 By: Gorfine, Schiller & GardynAny taxpayer that has income that is not subject to withholding may need to make quarterly estimated income tax payments. If you have just started… Read more »
Before the wedding, talk about your finances
Published on: 05/29/2012 By: Gorfine, Schiller & GardynSpring and summer — the wedding season is upon us. Before walking down the aisle, take a minute to consider a serious matter. Couples often… Read more »
You Are So Transparent: Or Are You?
Published on: 04/25/2012 By: Gorfine, Schiller & GardynThe Mind of Mark
“Thoughts from Our Management Consultant”
For the last 20 years, I have focused on designing, developing and implementing world-class finance, process and technology solutions for clients ranging from Mom & Pop Start-ups to Fortune 500 corporations. What I have recognized during this time is that regardless of the organizations size and focus, issues and opportunities seem to be pretty consistent. This blog focuses on the good, the bad, and the ugly of what our clients face on a day to day basis.
Be smart with your tax refund
Published on: 04/16/2012 By: Gorfine, Schiller & GardynAre you receiving a tax refund this year? No doubt you’ve already heard the standard admonishment about why you should not be giving the government… Read more »
Does this April 2 deadline apply to you?
Published on: 03/20/2012 By: Gorfine, Schiller & GardynIf you reached age 70½ last year, April 2, 2012, could be an important deadline. That’s the last day you can take your required minimum… Read more »
Payroll tax cut extended through 2012
Published on: 02/21/2012 By: Gorfine, Schiller & GardynCongress passed an extension of the 2% payroll tax cut that had been scheduled to expire at the end of February. The extension means 160… Read more »
If you have foreign investments, you may have a new filing obligation
Published on: 02/20/2012 By: Gorfine, Schiller & GardynIf you own foreign investments, you may have an additional federal tax filing requirement this year. Form 8938, “Statement of Specified Foreign Financial Assets,” is… Read more »
Meetings underway on payroll tax cut extension
Published on: 02/06/2012 By: Gorfine, Schiller & GardynLast December, the 4.2% social security tax rate that workers pay on wages was extended through February 29, 2012. Now a Congressional conference is being… Read more »
Tax Planning Guide:
