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Three Local CPA Offices to Serve You:
Needham, MA
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Monthly Archives: June 2012

Midyear planning is a must this year

Major tax change is just months away: the Bush-era tax cuts are scheduled to expire at the end of this year, and the payroll tax cut ends after December 2012. The general expectation is that tax rates will go higher … Continue reading

Posted in Mid Year Tax Planning | Leave a comment

Report foreign investments by June 30

If you have foreign bank, savings, or investment accounts that exceeded $10,000 in 2011, you are required to file “Treasury Department Form 90-22.1″ by June 30, 2012. This is not a form that you file with your income tax return. … Continue reading

Posted in foreign investment reporting | Leave a comment
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