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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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