Archive

26Feb2015

Retirement Savings: the Earlier, the Better

  Article Summary:   Teenagers and young adults Tax-free accumulation Earned income requirement Roth IRA Generally, teenagers and young adults do not consider the long-term benefits of retirement savings. Their priorities for their earnings are more for today than that distant and rarely considered retirement. Yet contributions to a retirement plan early in life can enjoy
  • 26 Feb, 2015
  • Jacqueline Cran
  • 0 Comments
Read more
23Feb2015

Tuition for School to Treat Learning Disabilities is a Deductible

Article Highlights: Tuition To Treat Learning Disabilities is      Deductible Medical Deduction Special Teaching Techniques IRS has privately ruled that for a child diagnosed with multiple learning disabilities, tuition paid to attend a school designed to assist students in overcoming their disabilities and developing appropriate social and educational skills was a deductible medical expense. Treating
  • 23 Feb, 2015
  • Jacqueline Cran
  • 0 Comments
Read more
19Feb2015

The Affordable Care Act Can Bring Surprises at Tax Time

Article Highlights:  New Tax Return Complications Shared Responsibility Payment Premium Tax Credit The Affordable Care Act, the federal health care law, will bring some surprises at tax time for many. This year there are two new issues that can complicate the preparation of almost anyone’s tax return. First, there is the shared responsibility payment, a
  • 19 Feb, 2015
  • Jacqueline Cran
  • 0 Comments
Read more
16Feb2015

Working Abroad Can Yield Tax-Free Income

Article Highlights: Tax-Free Income from Working Abroad Foreign Earned Income & Housing Exclusions Foreign Self-Employment Income Claiming or Revoking the Exclusion U.S. citizens and resident aliens are taxed on their worldwide income, whether the person lives inside or outside of the U.S.  However, qualifying U.S. citizens and resident aliens who live and work abroad may
  • 16 Feb, 2015
  • Jacqueline Cran
  • 0 Comments
Read more
13Feb2015

Jennifer J. Jenkins, CPA: Our Newest Tax Partner

  Wm. F. Horne & Co., PLLC (WFH) is pleased to announce Jennifer Jenkins, CPA as its newest Partner. Jennifer has more than 10 years of experience in federal and state tax compliance and consulting for corporations, partnerships, LLCs, and individuals. Her experience includes work with such industries as manufacturing, healthcare, oil and gas, and
  • 13 Feb, 2015
  • Jacqueline Cran
  • 0 Comments
Read more
11Feb2015

Take Advantage of Education Tax Benefits

Article Highlights: • Student loans• Gifting low basis assets• Education credits• Education savings programs• Educational savings bond interest The tax code includes a number of incentives that, with proper planning, can provide tax benefits while you, your spouse, or children are being educated. Which of these options will provide the greatest tax benefit depends on
  • 11 Feb, 2015
  • Jacqueline Cran
  • 0 Comments
Read more
09Feb2015

Join Our Team!

We are hiring! Are you a public accountant looking for something new in the Hattiesburg/Laurel area? We may have a position for you. Visit our website for more information.
  • 9 Feb, 2015
  • Jacqueline Cran
  • 0 Comments
Read more
06Feb2015

February 2015 Due Dates

February 2015 Individual Due Dates   If you don’t already have a tax appointment scheduled with our office, you should call to make an appointment that is convenient for you.  February 10 – Report Tips to Employer  If you are an employee who works for tips and received more than $20 in tips during January, you
  • 6 Feb, 2015
  • Jacqueline Cran
  • 0 Comments
Read more
03Feb2015

It’s Tax Time! Are You Ready?

Article Highlights: It is time to gather your information for your tax appointment Choosing your alternatives Tips for pulling your information together  If you’re like most taxpayers, you find yourself with an ominous stack of “homework” around TAX TIME! Pulling together the records for your tax appointment is never easy, but the effort usually pays
  • 3 Feb, 2015
  • Jacqueline Cran
  • 0 Comments
Read more