The Internal Revenue Service has temporarily stopped sending out tax refunds, and the Tax Court has suspended operations during the federal government shutdown, as lawmakers in Congress continue their battle over delaying or defunding “Obamacare” for a year.… Read More
As Summer officially comes to a close and the Fall Season is upon us, the last quarter signals the need to assess revenue trends, analyze tax strategies, and revisit financial … Read More
In August, we welcomed four new staff members to the Hall & Company team.… Read More
Dear Client, We have posted the SUMMER 2013 CLIENT UPDATE on our website. Here are a few headlines from that issue. To read any of these articles, click on the … Read More
HOW WILL THE LATEST TAX LEGISLATION AFFECT YOU? The “American Taxpayer Relief Act of 2012,” which was signed into law on January 2, 2013, includes new tax rates, restrictions on … Read More
January 1 of this year, Obamacareʼs (Patient Protection and Affordable Care Act) 3.8 percent Medicare Tax on the unearned income of “high income” individuals above certain thresholds went into effect. … Read More
Mike Song, CPA joins the firm as its Senior Audit and Accounting Manager.
Priscilla Bintoro-Yean, CPA joins the firm as a Tax and Accounting Manager.… Read More
Congress passed an extension of the 2% payroll tax cut that had been scheduled to expire at the end of February. … Read More
The IRS has reopened the offshore voluntary disclosure program (OVDP) to help people hiding offshore accounts get current with their taxes and announced the collection of more than $4.4 billion so far from the two previous international programs.… Read More
New California Law imposes hefty civil penalties for employers who willfully misclassify workers as independent contractors. Faced with high payroll and workers’ compensation costs, many California businesses are increasingly tempted to hire part time workers as independent contractors, or even to reclassify existing employees as independent contractors. … Read More
THE TAX RULES CAN PROVIDE RELIEF WHEN DISASTER STRIKES Hurricanes, tornadoes, earthquakes, wildfires, floods, storms. Few parts of the country escape the risk of natural disaster. If you’re an unlucky … Read More