© 2014 by Butler-Davis Tax & Accounting, LLC

  • Facebook Round
  • Twitter Round
  • Google Round

October 24, 2014

Obamacare – or, more officially, the Affordable Care Act (ACA) – insurance mandate, along with its health insurance premium subsidies available from insurance marketplaces, premium tax credit (PTC),...

October 23, 2014

Taxpayers often question how long records must be kept and the amount of time IRS has to audit a return after it is filed. 

It all depends on the circumstances! In many cases, the federal statute of...

October 21, 2014

November 10 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during October, you are required to report them to your employer on IRS Form 4070 no...

October 21, 2014

  • November 10 - Social Security, Medicare and Withheld Income Tax File Form 941 for the third quarter of 2014. This due date applies only if you deposited the tax for the quarter in full and on tim...

October 20, 2014

If you volunteer your time for a charity, you may qualify for some tax breaks. Although no tax deduction is allowed for the value of services performed for a charity, there are deductions permitted f...

October 17, 2014

A health savings account (HSA) is a trust account into which tax-deductible contributions can be deposited by qualified taxpayers who have high-deductible medical insurance plans. These accounts are...

October 14, 2014

Article Highlights: 

  • 30% credit for installing certain power-generating systems 

  • Solar water-heating systems 

  • Solar electric system 

  • Fuel cell plant 

  • Qualified small wind energ...

October 8, 2014

New and existing small employers who do not yet benefit from the Small Business Health Care Tax Credit should look into whether the credit can help them provide insurance to their employees.

 

For tax...

October 2, 2014

October 10 - Report Tips to Employer 

If you are an employee who works for tips and received more than $20 in tips during September, you are required to report them to your employer on IRS Form 4070...

October 1, 2014

October 15 -  Electing Large Partnerships 

File a 2013 calendar year return (Form 1065-B). This due date applies only if you were given an additional 6-month extension. March 17 was the due dat...

Please reload

Featured Posts

Tax Break for Sales of Inherited Homes

March 30, 2015

1/10
Please reload

Recent Posts