Tax Benefits of Knowing the Value of Your Estate
Why you need to know the value of your assets. With the gift and estate tax exemptions currently at $5.34 million, you might think that estate valuations are less important. …
DetailsCollege Tax Breaks Help Save You Money
More Tax Breaks for Your Family At Ciuni & Panichi, Inc., we are experts at finding all the credits you and your family deserve. Tax credits can be especially valuable…
DetailsFSA Plans: Employers, Have You Amended Your Plans to Allow Rollover?
Health care Flexible Spending Accounts (FSAs) allow employees to redirect pretax income to an employer-sponsored benefit plan that pays, or reimburses them for, qualified medical expenses not covered by health…
DetailsTax Relief – Make the most of your Net Operating Loss
Turn your business loss into a tax gain! If during the income tax return filing year, you found that your business had a net operating loss for the year, the news at tax…
DetailsTax Deduction: State and Local Sales Taxes
Could the Tax Deduction of State and Local Sales Taxes Save You Money? For the last several years, taxpayers have been allowed to take an itemized tax deduction for state…
DetailsFlexible Spending Accounts Must Be Amended by Year-End
Update Your Flexible Spending Account Now Health care Flexible Spending Accounts (FSAs) allow employees to redirect pretax income to an employer-sponsored plan that reimburses them for qualified medical expenses not…
DetailsNew Job – Don’t Forget Your Retirement Plan
What to do with your old retirement plan when you change jobs. First and foremost, don’t take a lump-sum distribution from your old employer’s retirement plan. It generally will be…
DetailsTax Benefits of Combining Business Travel with Vacation
Additional Tax Benefits of Travel Are you thinking about combining a business trip and a family vacation this year? This is a great way to fund a portion of your…
DetailsVacation home owners: More Tax Savings Ideas
Adjusting rental vs. personal use might save taxes With summer drawing to a close, if you own a vacation home that you both rent out and use personally, it’s a…
DetailsHow Can Board Actions Impact an Organization’s Fraud Risks?
The Fiduciary Responsibilities of the Board Fraud happens everywhere, in all industries and in companies of all sizes, and research by the Association of Certified Fraud Examiners (“ACFE”) shows that…
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