April 2016

Congress takes first steps to tax reform

Tax reform continues to be highly touted in Congress as lawmakers from both parties call for simplification Read more [...]

FBAR, Form 8938 filings increase as taxpayers become more aware of reporting requirements

Six years ago, Congress passed the Foreign Account Tax Compliance Act (FATCA), which set in motion a Read more [...]

IRS focuses on new partnership audit rules

Legislation enacted in 2015 provides new rules for IRS partnership audits. The new rules are a drastic Read more [...]

How do I? Set up a like-kind exchange

Under Code Sec. 1031, a taxpayer can make a tax-free exchange of property held for productive use in Read more [...]

Rich Funke Event

April 14, 2016: Tim Flaherty (Flaherty Salmin CPAs) and Tim Fournier (Conifer Realty, LLC) hosted Read more [...]

FAQ: What is the Roth IRA contribution limit for 2016?

Individuals may contribute up to $5,500 to a traditional and a Roth IRA for 2016. This is the same limit Read more [...]

April 2016 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]

D&C Business Spotlight

Flaherty Salmin CPAs has recently been mentioned in The Rochester Democrat and Chronicle. Check Read more [...]
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