by GruffyGoat Team | Oct 31, 2014 | Uncategorized
No matter our political affiliation, most of us can agree that the tax code needs reform. It’s way too long, way too complex, and doesn’t achieve its goals. The Hill released the results of a recent poll by the U.S. Chamber of Commerce that...
by GruffyGoat Team | Oct 29, 2014 | Uncategorized
The IRS just announced its adjustments on limitations for contributions to retirement accounts for tax year 2015. Each year, the IRS looks at the cost-of-living index and statutory thresholds and announces any changes. Here’s a summary of the 2015...
by GruffyGoat Team | Oct 22, 2014 | Uncategorized
The research credit has been a part of the tax code since it was first passed in 1981. It’s been extended 15 times, and as we reported in June, was again renewed for this tax year and made easier to claim. Congress is currently considering additional...
by GruffyGoat Team | Oct 20, 2014 | Uncategorized
You’ve probably heard some of the hoopla about “inversion” — a strategy that several big U.S. companies are using to avoid paying taxes. Inversion involves merging with a foreign company in a country that has a lower tax rate, and then...
by GruffyGoat Team | Oct 16, 2014 | Uncategorized
Swiss banks have long been a favorite of less-than-forthright taxpayers. France has recently started a concentrated fight against tax evasion via foreign accounts, as many French families have traditionally used Swiss banks. And the pressure appears to be...
