Tax Attic

Useful tax tips and information from Jerry Coon of Action Tax Service.

The Tax Attic

February 17, 2015 // 0 Comments

So far, the tax season is getting off to a great start. The Internal Revenue Service is reporting that they have processed more than 14 million tax returns already this year. Since the filing season did not start until January 20, that is a large number. As far as Action Tax Service goes, we have been forced to add an extra form to our processing sequence. We call it the [...]

THE TAX ATTIC

February 5, 2015 // 0 Comments

On August 5, 2014, we had a state-wide vote that approved a change to the Personal Property Tax system. The changes were massive and affected every business that owned any equipment that was physically located in the state of Michigan. Historically, Michigan had taxed the equipment owned by businesses at basically the same rates that real property was taxed. The [...]

The Tax Attic

January 23, 2015 // 0 Comments

Deb & I went to “American Sniper” last weekend. What a great movie. The story of Chris Kyle, credited with over 160 enemy kills, was well-done by Producer Clint Eastwood and actor Bradley Cooper. Navy Seal Kyle possibly had another 95 but that additional number was not verified. Of course, the movie had a very sudden and very sad ending when he himself was [...]

Tax Attic September 19, 2013

September 19, 2013 // 0 Comments

October 1, 2013 is a big day in the world of Obamacare. It appears that by October 1, anyone who works for an employer with revenue of more than $500,000 and has at least one employee should receive a letter from that employer titled “Notice to Employees of Health Insurance Marketplace Coverage Options”. The employee can then take the letter to the federal on-line [...]

Tax Attic September 12, 2013

September 19, 2013 // 0 Comments

As far as weekends go, I believe the Labor Day Holiday Weekend might just be my favorite. I know it more or less signals the end of summer, but the weather is usually still quite pleasant. The last few years, Deb and I have spent Labor Day at the Muskegon State Park. Before that, we camped at Manistee’s Orchard Beach State Park and before that we camped at a variety of [...]
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