Posts by elitecpas
Executive Summary of Timeline for Obamacare provisions
Editor’s Note: There have been substantial changes in the ACA law since we published this post. See our current newsletter for updated information. The Cliff Notes version (detailed explanation below) 2010 – 2011 Small business tax credit Adult dependent insurance coverage Return information disclosure Restrictions on use of HSA and FSA funds 2012 Information reporting…
Read MoreCan the “Fonz” drive in reverse?
Henry Winkler (a/k/a “The Fonz” on the Happy Days TV series) can be currently seen on television advertising for senior citizens to sign up for a reverse mortgage. Before you can make a financial decision on anything, you need to know: How does it work, and How does it help (or hurt) me financially? How…
Read MoreTutorial of Tax-Sheltered Savings Plans for 2014
Some of the most powerful planning tools are the tax-sheltered savings plans available to almost every business. But these tools won’t help you if you don’t know how they work. We’ve published an executive summary for you below. If you’d like to pay less tax and increase your retirement fund, review the chart below. We…
Read MoreWhat our email footer really means!
IRS Circular 230 Disclosure – What Does all the legalese really mean? Our SCA team prides itself in looking after each client’s tax affairs as if they were our own. We leave no tax deduction aside you’re legally entitled to take. Reliance on professional advice has usually been the only thing required…
Read MoreSimple in Six – Make your Pivot Tables do more
As useful as Excel Pivot Tables can be (see this post on creating pivot tables), sometimes you need to perform calculations on the data that’s inside the table. The normal Excel functions don’t work well for this, but our friend Tom Fragale show us how to force specific calculations on the data inside the Pivot…
Read MoreWhen we say it’s secure – we mean it!
We talk a lot about the importance of keeping your data secure. Three years ago we offered our SCA secure portals which use a transparent 256bit encryption. The problem is that most of us don’t take our computer with us when we visit our banker or stockbroker. To fix this inconvenience for our clients, we’ve…
Read MoreDoes your “heartbleed” for Google & Yahoo?
The newest computer bug that could enable hackers to obtain your password, credit card data, and other encrypted data is known as the Heartbleed SSL exploit. Among those affected are Google, Google Plus, Yahoo, and a host of other major players in the web services market. You can read about what it is at this…
Read MoreWhat Congress doesn’t know . . .
. . . and can’t seem to figure out!
Read MoreCould America learn from this country’s workers?
French citizens speak out about the economic reforms that they see hurting their nation. The young, the productive, and the entrepreneurial types seem to be deserting France in large numbers and relocating to more free-market based countries. We wonder if America (as it begins to pass similar reforms) will learn from the testimony of those…
Read MoreGoing for the max! Qualified plan limits for 2014
When a financial move helps you, it’s best to go for the max. Here are the new limits for your 401(k), IRA, Roth-IRA, and several other types of tax-qualified plans for this year. Need some help in deciding on the type of plan? Remember that we’re just a click away when you need help. [popup…
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