by | Aug 31, 2015 | Business Profit & Cash Flow Tips, Business Success Series, Current Affairs, Sales & Marketing, Small Business Owners, Social Media Marketing
Almost every prospect who contacts me has already Googled me, checked out our blog, and visited our firm website before they ever call me to set-up the initial appointment. This is a sure sign that these technologies are well past critical mass. I use the term...
by | Jan 15, 2015 | Current Affairs, Income Taxes, ObamaCare, Personal financial planning
How does an individual file for an exemption? There are two ways to request an exemption. The first way is through the state Health Insurance Exchange. These exemption requests will be reviewed by the residing State exchanges. If the exemption is...
by | Jan 14, 2015 | Current Affairs, Income Taxes, ObamaCare, Personal financial planning
Who is exempt from paying the Health Insurance Penalty for not being insured? Just because you don’t have insurance doesn’t mean that you will have to pay the penalty. The law provides many ways to be exempt from any potential fines due. Since 2014 is...
by | Jan 13, 2015 | Current Affairs, Income Taxes, ObamaCare, Personal financial planning
Health Insurance Tax Penalties: How will they be determined and paid? The first penalties will be reported on your 2014 tax return that will be filed in 2015. The penalty will be determined by calculating the greater of either a flat dollar amount or a set...
by | Jan 9, 2015 | Current Affairs, Income Taxes, ObamaCare, Personal financial planning
I have received tons of questions from clients, friends, and families about how much the ObamaCare penalties are. I am seeing an amount of confusion and worry unsurpassed by any other tax law change in my memory. So let’s start with the basics. The...
by | Dec 5, 2013 | Current Affairs, Income Taxes
The new Medicare surtax applies to the net investment income of single filers with a modified adjusted gross income over $200,000 and of couples over $250,000. Those married filing separate are subject to the tax on income over $125,000. Modified AGI is...
