Monthly Archives: November 2011

IRS Announces Pension Plan Limitations for 2012

WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012. In general, many of the pension plan limitations will change for 2012 because the … Continue reading

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Five Reasons You Should Volunteer to Help Prepare Tax Returns

The Internal Revenue Service is currently seeking volunteers to support partners that provide free tax help to individuals during the tax filing season. The Volunteer Income Tax Assistance (VITA) and the Tax Counseling for the Elderly (TCE) programs are community … Continue reading

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What Employers Need to Know About Claiming the Small Business Health Care Tax Credit

Many small employers that pay at least half of the premiums for employee health insurance coverage under a qualifying arrangement may be eligible for the small business health care tax credit. This credit can enable small businesses and small tax-exempt … Continue reading

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