…at rates that at least equal applicable federal rates (AFRs). Otherwise, adverse tax results can be triggered. Fortunately, the AFRs are lower than the rates charged by commercial lenders. It…
…penalty the ACA imposes on individuals who fail to have “minimum essential” health insurance coverage for any month of the year. This requirement is commonly called the “individual mandate.” Penalty…
…Before calling, everyone should visit IRS.gov to access resources like the Let Us Help You page to get faster answers to their tax questions. If a taxpayer decides to call,…
…expertise at Flagel. What do you help people to do? I specialize in tax planning and compliance for individuals and perform audits of closely held businesses. I also work closely…
…(human child) due in May 2019. Favorite part about working at Flagel Huber Flagel: The people I work with and the experiences I’ve had learning about local businesses. Favorite way…
…and co-workers. Area of expertise at Flagel. What do you help people to do? I specialize in tax planning and compliance for individuals and performing audits of closely held businesses….
…compliance for individuals and performing audits of closely held businesses. I also work closely with our Not-for-Profit clients and I am qualified to perform audits in accordance with the Uniform…
…Section 199A deduction. The QBI deduction is: Available to owners of sole proprietorships, single member limited liability companies (LLCs), partnerships, and S corporations, as well as trusts and estates. Intended…
…complex requirements related to flexible spending accounts, Health Savings Accounts, and other programs for employees. We can assist you with many other complicated tax issues related to closing your business,…
…during this holiday season. Tax Rules As a general rule, amounts effectively paid for services rendered are taxable, similar to other forms of compensation. Therefore, year-end bonuses, commissions and similar…
