The Weiss Group

01/20/2012

Just less than 2 months left for corporations or LLCs to elect S corporation status for the 2012 tax year. They have to be in by March 15.

01/05/2012

Weiss Tax Newsletter

12/14/2011

PA donation credit will be extended for 2012. Very important for PA Business owners. Email us with questions.
http://www.newpa.com/find-and-apply-for-funding/funding-and-program-finder/educational-improvement-tax-credit-program-eitc

Tax credits to eligible businesses contributing to a Scholarship Organization, an Educational Improvement Organization, and/or a Pre-Kindergarten Scholarship Organization.

11/21/2011

Two home energy credits still available for remainder of 2011, at least one of these two will be gone in 2012.
http://www.irs.gov/newsroom/article/0,,id=249922,00.html

Special Edition Tax Tip 2011-08, November 21, 2011 The IRS reminds homeowners that they still have time this year to make energy-saving and green-energy home improvements and qualify for either of two home energy credits.

09/17/2011

No surprises here NJ residents pay highest portion of income to state and local taxes . . 12.2% of income http://images.businessweek.com/slideshows/20110321/counties-whose-residents-pay-the-most-property-tax/

Residents of Hunterdon County, a suburban area in western New Jersey, are among the wealthiest Americans. Median household income is $102,500, almost double the $51,500 national figure, according to U.S. Census Bureau estimates. Equestrian estates and single-family homes on several acres can be foun

09/06/2011

Another extension to file from the IRS. This time for taxpayers and not tax prepares http://www.aicpa.org/interestareas/tax/newsandpublications/taxnews/pages/20110901.aspx

Taxpayers in certain areas affected by Hurricane Irene have until October 31 to file certain returns and make payments normally due before then, the IRS announced September 1 (IR-2011-87). The areas eligible for relief include parts of North Carolina, New Jersey, New York, and Puerto Rico; the IRS e...