Blog

Month: January 2013

FICA increase

January 16, 2013 by Katie Monger
Copeland Buhl
Happy New Year!  With all of the publicity of the fiscal cliff over the past few weeks, we wanted to make sure you were aware that the EMPLOYEE portion of FICA has reverted to the old rate of 6.2% (from 4.2% for the past two years). Since this is withheld from...
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Suggestions for surviving an IRS audit

January 16, 2013 by Jeremy Thompson
Copeland Buhl
The IRS will audit hundreds of thousands of individual tax returns this year. Although that represents but a small percentage of all returns filed, this is little consolation if your return is among those selected for audit. But with proper preparation and planning, you should fare well. The purpose of...
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