Archive

24Nov2016

Happy Thanksgiving 2016!

    WFHCO is grateful for your business and wishes you a Happy Thanksgiving. “In all things give thanks.” 1 Thessalonians 5:18    

18Nov2016

Tips for Holiday Charity Giving

    Article Highlights: Holiday Season Charity Gifts Long-form Itemization Required Documentation for Taxes Monetary Donations Property Donations Charity Scams Qualified Charities Only Disaster Scams ID Thieves The holiday season is the favorite time of the year for charities to solicit donations. It is also the time of year when scammers show up in force,

15Nov2016

Having a Low Taxable Income Year? Ways to Take Advantage of It

    Article Highlights: Taxable Income Graduated Individual Tax Rates Take IRA Distributions Defer Deductions Convert Traditional IRA Funds into a Roth IRA Zero Capital Gains Rate Business Expenses Being unemployed, having had an accident that’s kept you from earning income, incurring a net operating loss (NOL) from a business, having an NOL carryover from

10Nov2016

Habits that Threaten Your Identity and Pocketbook

    Article Highlights What’s In Your Wallet Or Purse Your Fear Of The IRS Using Public Internet Connections Not Screening Your E-Mails E-Mailing And Texting Sensitive Information Being Free and Easy With Passwords Using Identical Passwords They’re just old habits. You likely to do them without even thinking. But these habits could be making

03Nov2016

Tax Due Dates – November 2016

  November 2016 Individual Due Dates   November 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during October, you are required to report them to your employer on IRS Form 4070 no later than November 10. Your employer is required to