CPA – MD Update

Remember the IRA?

April 1, 2017March 23, 2018 Scott Neal completed tax return, contribution, CPA, deduction, form 8606, income limit, IRA, IRA contribution, IRAs, non-deductible, non-deductible contribution, nonwork spouse, old CPA, preparer, qualified plan restriction, qualified retirement plan, quick refresher, retirement, retirement account, retirement plan, Roth, Roth contribution, Roth IRAs, Scott Neal, spouse, tax basis, tax code, tax return, taxpayer, taxpayer relief act, traditional IRA, traditional IRAs

I once heard about an old CPA who, after presenting a completed tax return to his client, said, “Don’t read

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Giving the Gift of Tax Savings

December 1, 2015January 20, 2017 L Porter Roberts Jr, CPA additional tax save, benefit administrator, Care assistance program, care credit, child/dependent, child/dependent 's care provider, common goal of shelter income, cost use pre-tax dollar, CPA, credit 's benefit, deferral, dependent Care assistance program, dependent care credit, employer 's retirement, estimated tax payment, file form, gift of tax save, gift-giving season, H.S.A., H.S.A. account, HDHP, high income taxpayer, high-deductible, high-deductible health plan, income taxpayer, investment income tax, K., medical expense, pre-tax, pre-tax dollar, qualified retirement, qualified retirement plan, retirement, retirement goal, retirement plan, shelter income, tax bill, tax payment, tax plan, tax save gift, tax-free, taxpayer, type of plan, wage, year-end strategy, year-round endeavor

Tax planning is a year-round endeavor, but there are numerous year-end strategies that might reduce your 2015 tax bill. As

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10 Year-End Income Tax Planning Tips

July 1, 2014 L Porter Roberts Jr, CPA additional 3.8 % tax, additional tax break, cafeteria plan, care benefit, CPA, deduction, deferral limit, dependent care benefit, efficient improvement, estimated tax payment, exclusion, geothermal heat pump property cost, gift, HDHP, health reimbursement account, heat pump property cost, high-deductible, high-deductible health plan, home equity loan, home office deduction, HSA, income tax plan tip, increased withhold, K., medical expense, medical reimbursement plan, net investment income, Non-Employees, Plan/401, pre-tax, pre-tax basis, Pre-Tax payroll deduction, proper tax plan, qualified medical expense, qualified retirement, reimbursement, reimbursement plan, residential energy, retirement, retirement goal, retirement plan, self-employed health insurance deduction, separate bank account, shortfall, small wind energy, spend account, store aisle, substantial tax dollar, tax credit, tax payment, tax save suggestion, tax shortfall, tax-free, vision insurance premium, withhold

Even though the store aisles are already littered with holiday decorations, there is still time for you to minimize your

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Keeping More of What You Earn

September 1, 2013January 20, 2017 Matt Smith $, begin of flu season, begin of year-end tax plan season, bonus, bonus depreciation, capital gain, Care assistance program, common goal of shelter income, cost of health insurance premium, CPA, deduction, dependent Care assistance program, depreciation, employer, employer 's retirement, employer health insurance premium credit, expense, flu, flu season, H.S.A., HDHP, health insurance premium, high-deductible, high-deductible health plan, insurance, K., maximum, medical expense, physician, Plans/401, potential tax credit, pre-tax, premium, prior year tax return, private practice, qualified retirement, retirement, retirement goal, section 179, separate bank account, shelter income, small employer health insurance premium credit, staff 's health, tax credit, tax save tip, tax-free, taxpayer, year tax return, year-end tax, year-end tax plan season

As temperatures begin to fall, some of you will view this as the beginning of flu season. For us, it

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Accountable Expense Reimbursement Plans

May 1, 2013 Matthew S. Smith accountable expense reimbursement plan, accountable plan, additional tax burden, adequate substantiation, alternative minimum tax, business expense, cell phone, CME, compensation, CPA, D., deductible business expense, deduction, employee, employer, employer payroll tax, employment contract, excess advance, expense, expense allowance arrangement, expense reimbursement, federal tax provision, guaranteed wage, Harvey, Harvey D., income tax, individual income tax return, L., payroll, physician, Porter Roberts, reimbursement, tax benefit, tax reduction, tax save, taxable compensation, type of plan, wage, worker 's compensation

January 1, 2013 was the effective date for numerous Federal tax provisions geared towards raising additional tax revenue. This article

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5 Financial Mistakes to Avoid

February 1, 2013 L. Porter Roberts, Jr address compensation, advisor, Ask question, budget, budget address retirement, buy-in option, cash flow, contract language, CPA, current choice, debt, debt repayment, employer match, employer-sponsored plan, employment agreement, financial advisor, financial mistake, financial well-being, future impact of current choice, insurance, insurance advisor, L., lender pre-qualifies, long term impact of the debt repayment, long-term disability insurance, major financial event, medical service group, medical service group of Barr, mistake, mistake #1, mistake #2, mistake #3, mistake #5, obtain adequate life, opportunity meet, overall financial plan, overlooked item, personal budget, Porter Roberts, pre-qualifies, private banker, repayment, saving/, self-made wealth, successful financial future, team of qualified professional, team of trusted advisor, wonderful financial opportunity

As 2013 begins, many of us have made resolutions to improve our lives. Being CPAs, we tend to reflect more

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Financial Chaplaincy

February 1, 2013March 28, 2017 Scott Neal account education, advisor, array of financial product, chaplain on-call, client, clinical pastoral education, CPA, disappointment, distinctive characteristic of humanity, diverse path, extended unit, financial chaplaincy, future story, good laid plan, healthcare regulation, hopeful future story, improved skill, Kentucky medical center, minor life lesson, moment, need of guidance, need of liberation, need of reconciliation, past disappointment, pastoral care, personal calendar, potential learn, practice CPA, president of D., proper credence, recur appointment, Scott Neal, serve people, side of finance, strong sense, strong sense of hope, successful client, tremendous responsibility, university of Kentucky medical center, use of hope, vital component of human action

As many readers already know I completed an extended unit (one year) of Clinical Pastoral Education in 1994 at the

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Frustrated with the Rising Cost of Health Insurance Coverage for Your Staff?

March 1, 2012 L. Porter Roberts, Jr $, amount of the credit, Anderson, average wage, Barr, calculation, CFE, coverage, CPA, employee, employee 's health, employer, employer health insurance premium, FTE, full-time, health insurance coverage, healthcare reform legislation, insurance, L., medical practice, mid-level, mid-level provider, mound of page of healthcare reform legislation, phase-out, physician-owners, Porter Roberts, premium, PSC, rise cost of health insurance coverage, Roberts, S., significant tax save, small employer health insurance premium, small employer provide health insurance coverage, tax credit, tax year, wage

LEXINGTON Buried in the mounds of pages of healthcare reform legislation is a tax credit available for certain small employers

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