Plan Ahead for Family Business Succession

It takes fortitude, innovation and perhaps a little bit of luck for a business to thrive in these uncertain economic times. But what will happen to the operation when the owner is no longer able to chart the course? According to a recent national survey, 25% of...

Post-Election Health Care Reform Seminar

TJT in conjunction with RPG Solutions will be hosting a seminar on Post Election Healthcare Reform on November 30, 2012.   Jason Cogdill, Corporate Counsel and Benefits Attorney for ProBenefits, will cover topics including: Update on Status of Health Care Reform Law...

Health Insurance Update: Is your MLR rebate taxable?

You or your company may have received a check from your health insurance provider in the past couple of months indicating that this check was your MLR rebate.  What is an MLR rebate and is it taxable to your company or to the individual beneficiaries?  A provision in...

North Carolina Tax Update

North Carolina Enacts Income Tax Deduction for Educator Expenses Legislation was enacted in North Carolina providing for an educator expense deduction against personal income taxes.  Under the measure, educators are able to deduct up to $250 in certain work-related...

Bad Eggs: The “Dirty Dozen” Scams for 2012

Each year the IRS lists its “Dirty Dozen” tax scams for taxpayers to watch out for. What’s on the list for 2012? Here is a quick summary. 1. Identity theft: The IRS is now focused on preventing, detecting and resolving identity theft issues, including cases where...

Is the Timing Right for a Roth Conversion?

The ads urging retirement-savers to convert a traditional IRA to a Roth IRA have largely disappeared. But the main reasons to consider a conversion, outside of a special one-year tax-deferral opportunity, remain valid. Converting in 2012 may still be a good idea. In...