Flexible spending accounts (FSAs) are popular with employees because they permit the use of pretax dollars for payment of medical expenses and dependent care costs. Read more
The “Affordable Care Act of 2010” requires employers to report the cost of coverage under an employer-sponsored group health plan on the employee’s W-2 for 2012. Read more
https://www.kellerowens.com/wp-content/uploads/2012/07/medical-insurance.jpg365548Keller & Owenshttps://www.kellerowens.com/wp-content/uploads/2015/11/logo.pngKeller & Owens2012-09-05 15:48:082012-10-02 02:38:11IRS Eases Reporting Requirement for Small Businesses
WASHINGTON – IRS SUMMERTIME TAX TIP 2012-25 – Whether you’re a recent high school graduate going to college for the first time or a returning student, it will soon be time to head to campus, and payment deadlines for tuition and other fees are not far behind. The IRS offers some tips about education tax benefits that can help offset some college costs for students and parents. Typically, these benefits apply to you, your spouse or a dependent for whom you claim an exemption on your tax return. Read more
https://www.kellerowens.com/wp-content/uploads/2012/02/Teenage-Boys.jpg365548Keller & Owenshttps://www.kellerowens.com/wp-content/uploads/2015/11/logo.pngKeller & Owens2012-09-05 15:42:372012-09-05 15:42:56Back-to-School Tips for Students and Parents Paying College Expenses
WASHINGTON – IRS SUMMERTIME TAX TIP 2012-20 – Contributing money and property are ways that you can support a charitable cause, but in order for your donation to be tax-deductible, certain conditions must be met. Read on for six things the IRS wants taxpayers to know about deductibility of donations. Read more
A college education. Retirement. What do these major life events have in common? One shared characteristic is that each comes with a price tag. Here’s another: If you have school-age kids, you might be facing the challenge of having to decide which goal to save for. They’re both important. So how do you make the choice? Read more
https://www.kellerowens.com/wp-content/uploads/2011/12/pension.jpg565849Keller & Owenshttps://www.kellerowens.com/wp-content/uploads/2015/11/logo.pngKeller & Owens2012-08-13 15:10:042012-08-14 03:09:13What's More Important - Saving for Children's College or Your Retirement?
Changes Scheduled for Flexible Spending Accounts
/in Newsletter /by Keller & OwensFlexible spending accounts (FSAs) are popular with employees because they permit the use of pretax dollars for payment of medical expenses and dependent care costs. Read more
IRS Eases Reporting Requirement for Small Businesses
/in Newsletter /by Keller & OwensThe “Affordable Care Act of 2010” requires employers to report the cost of coverage under an employer-sponsored group health plan on the employee’s W-2 for 2012. Read more
Back-to-School Tips for Students and Parents Paying College Expenses
/in IRS Bulletin /by Keller & OwensWASHINGTON – IRS SUMMERTIME TAX TIP 2012-25 – Whether you’re a recent high school graduate going to college for the first time or a returning student, it will soon be time to head to campus, and payment deadlines for tuition and other fees are not far behind. The IRS offers some tips about education tax benefits that can help offset some college costs for students and parents. Typically, these benefits apply to you, your spouse or a dependent for whom you claim an exemption on your tax return. Read more
Six Tips for Charitable Taxpayers
/in IRS Bulletin /by Keller & OwensWASHINGTON – IRS SUMMERTIME TAX TIP 2012-20 – Contributing money and property are ways that you can support a charitable cause, but in order for your donation to be tax-deductible, certain conditions must be met. Read on for six things the IRS wants taxpayers to know about deductibility of donations. Read more
What’s More Important – Saving for Children’s College or Your Retirement?
/in Newsletter /by Keller & OwensA college education. Retirement. What do these major life events have in common? One shared characteristic is that each comes with a price tag. Here’s another: If you have school-age kids, you might be facing the challenge of having to decide which goal to save for. They’re both important. So how do you make the choice? Read more