Tax debate touches every individual, business
Small business taxation, corporate tax rates, and changes to
popular deductions are just some of the many complex changes to the
Tax Code being debated in Congress. At the time this article was
Year-end planning for capital gains and losses
As an economic incentive for individuals to save and invest, gains
from the sale of capital assets held for at least one year unless
offset by losses, as well qualified dividends received during the
Information reporting deadlines coming up fast
Information reporting has become a growing part of IRS’s
enforcement and compliance strategy. Data matching, or even the
inference that the IRS has the data to do so, statistically has
How Do I? Compute taxable life insurance benefits
Life insurance proceeds are received tax-free. However, any
interest earned on life insurance proceeds, usually referred to as
its cash value, is subject to tax. Special rules apply to transfers
December 2017 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important federal tax reporting and filing data for
How Do I? Calculate self-employment taxes?
Individuals with $400 or more of net earnings from self-employment
must pay self-employment tax, in addition to any income tax imposed
on the same income. This article can help you estimate any
Vehicle tax credits: Not just for hybrids anymore
Move over hybrids - buyers of Volkswagen and Mercedes diesel
vehicles now qualify for the valuable alternative motor vehicle tax
credit. Previously, the credit had gone only to hybrid vehicles.
FAQ: Should I borrow from my 401(k)?
The flagging state of the economy has left many individuals and
families to cope with rising gas prices and food costs, struggle
with their mortgage and rent payments, and manage credit card debt
FAQ: When does a gift require a gift tax return?
If you've made, or are planning to make, a big gift before the end
of 2009, you may be wondering what your gift tax liability, if any,
may be. You may have to file a federal tax return even if you do
FAQ: What kinds of moving expenses are deductible?
Only "qualified moving expenses" under the tax law are generally
deductible. Qualified moving expenses are incurred to move the
taxpayer, members of the taxpayer's household, and their personal
How Do I? ... Keep a log for automobile expenses
If you use your car for business purposes, you may have learned
that keeping track and properly logging the variety of expenses you
incur for tax purposes is not always easy. Practically speaking,
Committed to Helping You Achieve the Highest Return on Your Investment
Welcome and thank you for visiting the website of Zetley Carneol & Stein SC. In addition to providing you with a profile of our firm and the services we provide, this Website has been designed to become a helpful resource tool to you, our valued clients and visitors. Our dedication to superior client service has brought us to the Internet as we endeavor to continue to provide the highest quality professional service and guidance.
As you browse through our Website, you will see that we have highlighted background information on our firm and the services we provide. We have also included useful resources such as informative articles (in our Newsletter section) and interactive financial calculators (in our Financial Tools section). In addition, we have taken the time to gather many links to external Websites that we think would be of interest to our clients and visitors (in our Internet Links section).
Please feel free to contact us with any questions or comments you may have - we'd love to hear from you. We pride ourselves on being proactive and responsive to our clients' inquiries and suggestions.