Kansas House and Senate pass bill to increase Kansas tax

Today, one day after the Kansas House passed HB 2178, the Kansas Senate has also passed the bill, which would eliminate the Kansas tax exemption for “flow-through” business income and increase the Kansas tax rates on individuals.  The bill now heads to the Governor. Currently, the top individual Kansas tax rate is 4.6%.  Under the [...]

By |2017-02-17T17:16:35-06:00February 17th, 2017|General, Tax|Comments Off on Kansas House and Senate pass bill to increase Kansas tax

Yes, there is still time to maximize your tax benefit in 2016

If you’re one of the many people expecting the new administration to enact tax cuts next year, you still have time to maximize tax benefits before the end of the year. Julie Welch, shareholder and director of taxation at Meara Welch Browne PC in Leawood, shared several tips: • Speed up the purchase of equipment [...]

By |2016-12-17T11:55:19-06:00December 17th, 2016|General, Tax|Comments Off on Yes, there is still time to maximize your tax benefit in 2016

Standard Mileage Rates for 2017

The standard mileage rates for 2017 used to calculate the deductible costs of operating an automobile have been announced. Business – 53.5¢ per mile (down from 54¢ per mile for 2016) Medical and Moving - 17¢ per mile (down from 19¢ per mile for 2016) Charitable - 14¢ per mile

By |2016-12-13T11:50:25-06:00December 13th, 2016|General, Tax|Comments Off on Standard Mileage Rates for 2017

Net Investment Income Tax for Non-Grantor Trusts

The July 2016 issue of Journal of Financial Planning includes “Planning for the Net Investment Income Tax for Non-Grantor Trusts” by Julie Welch and Cara Smith. The article describes the net investment income tax and provides strategies for a non-grantor trust to minimize the tax. https://www.onefpa.org/journal/Pages/JUL16-Planning-for-the-Net-Investment-Income-Tax-for-Non-Grantor-Trusts.aspx

By |2016-07-16T19:12:50-06:00July 16th, 2016|General, Tax|Comments Off on Net Investment Income Tax for Non-Grantor Trusts

Windows 10 free upgrades ends July 29, 2016

Microsoft’s free Windows 10 upgrade offer ends July 29, 2016.  However, it seems there may be a way to receive your free upgrade but not have to commit to Windows 10 just yet.  The article linked below is from How-To Geek and explains the process.  We have not tried the process but in reading it [...]

By |2016-07-14T15:33:10-06:00July 14th, 2016|General, Information Technology|Comments Off on Windows 10 free upgrades ends July 29, 2016

Journal of Financial Planning Article

The April 2016 issue of Journal of Financial Planning includes “New Law Brings Permanent Tax Changes for Individuals and Businesses” by Julie Welch and Cara Smith.  The article goes through the key provisions of the “Protecting Americans From Tax Hikes of 2015” legislation that was enacted December 18, 2015. https://www.onefpa.org/journal/Pages/APR16-New-Law-Brings-Permanent-Tax-Changes-for-Individuals-and-Businesses.aspx?utm_source=Informz&utm_medium=Email&utm_campaign=JFP+Digital+Edition+4%2E1%2E16

By |2016-04-06T10:41:30-06:00April 6th, 2016|General, Tax|Comments Off on Journal of Financial Planning Article

State and Local Tax Revenues

State and Local Tax Revenues By John Meara The Tax Foundation recently issued a report summarizing the sources of state and local tax revenues.  In For 2010 for the total United States, 35% of the state and local revenue came from property taxes and 34% came from sales and gross receipt taxes.  The report shows [...]

By |2016-03-16T12:05:37-06:00March 16th, 2016|General, Tax|Comments Off on State and Local Tax Revenues

SEC Adopts New Rules Allowing Smaller Companies’ Access to Capital

The Securities and Exchange Commission (SEC) adopted final rules to enable smaller companies access to capital. The new rules were mandated by Title IV of the Jumpstart Our Business Startups (JOBS) Act and expand Regulation A, an existing exemption from registration for smaller issuers of securities. The updated exemption will allow smaller companies to offer [...]

By |2015-12-02T16:04:08-06:00December 2nd, 2015|Audit, General|Comments Off on SEC Adopts New Rules Allowing Smaller Companies’ Access to Capital

SEC Adopts New Rules Allowing Smaller Companies’ Access to Capital

The Securities and Exchange Commission (SEC) adopted final rules to enable smaller companies access to capital. The new rules were mandated by Title IV of the Jumpstart Our Business Startups (JOBS) Act and expand Regulation A, an existing exemption from registration for smaller issuers of securities. The updated exemption will allow smaller companies to offer [...]

By |2015-03-27T15:20:47-06:00March 27th, 2015|General|Comments Off on SEC Adopts New Rules Allowing Smaller Companies’ Access to Capital

Definition of Experience / Brain Drain From Baby Boomers Retirement……….

From Today’s, February 20, 2015, Armada Executive Intelligence Brief……. "We have told the story many times about the average ship captain in the Navy. He/she can wake from a dead sleep knowing that something on the ship is different. A different pitch, speed, or sound can wake that officer from a deep sleep because something is different. [...]

By |2015-02-20T11:28:24-06:00February 20th, 2015|General|Comments Off on Definition of Experience / Brain Drain From Baby Boomers Retirement……….
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