Useful tax tips and information from Jerry Coon of Action Tax Service.
Interesting time for taxes Now that we know the make-up of the House and Senate in Washington, we can make some educated guesses as to what is going to happen to our tax system in 2011. We will find out if the politicians really do listen to the voters. Based on their hearing capacity, the conclusions reached by each person may be drastically different. Jerry Coon Health [...]
What is Michigan’s future tax situation? The ringing of the telephone interrupted my concentration Tuesday night. I was listening to the national election news and also reading a book. Nowadays, that’s spreading my thought processes about as thin as I can get away with. The caller was Rockford City Manager Michael Young. Was it going to be good news or bad news? [...]
Health care provisions reviewed The two national health care bills—the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act, as signed into law by President Obama last March—sure have been widely discussed in the election battle that ended this Tuesday. The point of both of these laws, in the end, is to require all Americans [...]
Some tax cuts not well known Next week’s election is one of the more important elections that we have had recently. I won’t over-dramatize the situation, but this election may mean much to you and me in a variety of matters. Jerry Coon Since I’m a tax person, I will concentrate on just the potential tax consequences of the election. I say “potential” because no [...]
RAL a thing of the past Jerry Coon, Enrolled Agent Recently, I wrote an article publicizing that the Internal Revenue Service, starting next January, is not going to provide something called the “debt indicator” to tax preparers and financial institutions. This is a big thing because the “debt indicator” is the one item that tax preparers and financial [...]