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When Chevrolet prepared to give a brand new 2015 Chevy Colorado to New England Patriots quarterback Tom Brady for being Super Bowl XLIX MVP, Brady did the honorable thing and said he would give it to cornerback Malcolm Butler instead. After all, it was Butler who intercepted a pass on the goal line to secure the Patriots’ Super Bowl win.…
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Tax time brings a multitude of financial decisions, including whether to hire a tax professional or prepare your own taxes using software like TurboTax. While the low cost and advertised ease of do-it-yourself tax products may be tempting, they aren’t always what they claim to be. In fact, many tax filers find them frustrating and time consuming with very little…
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At Dukhon Tax and Accounting, we have a special place in our heart for our local student population. Remember, we were once students too – and of course, we always remain studious and continue learning! As such, we’d like to show how much we appreciate the great minds of our local college community by offering a special price on tax…
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Dukhon Tax advisors have been answering many questions in relation to ObamaCare and the Affordable Care Act (ACA). We hope these fast facts help with your 2014 tax preparation. The IRS opens the 2014 tax filing season on Tuesday, January 20, 2015. Taxes must be filed by the IRS deadline: Wednesday, April 15, 2015. When filing 2014 taxes, you must…
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Confused by the tax filing requirements under the Affordable Care Act (ACA)? You are not alone. Filers for 2014 must report healthcare coverage on form 1040 in the taxes section on page 2.
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At Dukhon Tax and Accounting, we have a special place in our heart for our local student population. Remember, we were once students too – and of course, we always remain studious and continue learning! As such, we’d like to show how much we appreciate the great minds of our local college community by offering a special price on tax…
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It’s tax time again! We are looking forward to providing you with outstanding tax consulting and preparation services for the 2013 tax year filing period. We’d like to inform you of some resources available to help you organize your tax documents and schedule an appointment with us. Tax Organizers *These organizers are optional but are very helpful when gathering your…
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Dukhon Tax shares strategies for Avoiding or Reducing the new 3.8% Net Investment Income Tax As of the beginning of 2013, new Code section 1411 imposes an additional tax of 3.8% on unearned net investment income. The so-called “Net Investment Tax” or “NIT” kicks in after certain thresholds effectively pushing up the top marginal tax rate for individuals, trusts, and…
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IRS to Delay Tax Season The Internal Revenue Service will be delaying the start of the 2013 (tax year) tax season for approximately two weeks. This is one of the residual effects of the government shutdown. Per the IRS: “The Internal Revenue Service today announced a delay of approximately one to two weeks to the start of the 2014 filing…
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