The Work Opportunity Credit (WOTC) has been expanded to provide employers with new incentives to hire certain unemployed veterans. The tax credit allows employers to reduce their federal tax liability by up to $9,000 per new hire. The tax credit is dependent upon the target group.
On November 21, 2011, the President signed into law the [...]
When drawing up a buyout clause it is critical to specify, in no uncertain terms, the value to be applied to an owner’s share. The case of the Estate of Cohen v. Booth Computers, July 13, 2011, is a good illustration of what can happen when the terms of a buy-sell agreement are not updated [...]
IRS regulations require us to advise you that, unless otherwise specifically noted, any federal tax advice in this communication (including any attachments, enclosures, or other accompanying materials) was not intended or written to be used, by any taxpayer for the purpose of avoiding tax-related penalties imposed under the U.S. Internal Revenue Code or any other applicable state or local tax law provision; furthermore, this communication was not intended or written to support the promoting, marketing or recommending of any of the transactions or matters it addresses.
