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34 West Middle Street
Gettysburg, PA 17325
(717) 337-1414
(717) 337-2138 (fax)
info@rmfcpallc.com
www.rmfcpallc.com
34 West Middle Street
Gettysburg, PA 17325
(717) 337-1414
(717) 337-2138 (fax)
info@rmfcpallc.com
www.rmfcpallc.com
Check out the view from a 360-degree performance feedback system
/in Uncategorized/by Raffensperger Martin Finkenbiner RMFMany employers struggle with the risks and efficacy of employee performance evaluations. In some cases, there’s so much room for subjectivity that conflicts arise. In others, the entire process gets short shrift as supervisors are too busy to fully commit to it. One solution that many organizations have considered is 360-degree feedback. Under this model, […]
What does filing an extension do?
/in Frequently Asked Questions/by Raffensperger Martin Finkenbiner RMF• An extension is a form filed with the IRS to request additional time to file your tax return. The extension period is six months, which extends the due date for submitting your final returns from April 18 to Oct. 16. • Filing an extension grants you additional time to provide your complete and accurate […]
Video: Tax Cuts & Jobs Act: Are Itemized Deductions a Thing of the Past? Of course not. Take a look.
/in Individual Taxes, Tax Deductions, Tax Planning/by Raffensperger Martin Finkenbiner RMFNew 1099-MISC Withholding Tax Requirements 1099-MISC_Fact_Sheet
March 2018 Tax & Business Alert
/in Monthly Newsletters, RMF News/by Julie KeyserDYNASTY TRUSTS ARE MORE VALUABLE THAN EVER The Tax Cuts and Jobs Act (TCJA), signed into law this past December, affects more than just income taxes. It’s brought great changes to estate planning and, in doing so, bolstered the potential value of dynasty trusts. Exemption changes Let’s start with the TCJA. It doesn’t repeal the […]
Tax deduction for moving costs: 2017 vs. 2018
/in Individual Taxes, IRS guidance, Tax Briefs, Tax Planning/by Raffensperger Martin Finkenbiner RMFTax deduction for moving costs: 2017 vs. 2018 If you moved for work-related reasons in 2017, you might be able to deduct some of the costs on your 2017 return — even if you don’t itemize deductions. (Or, if your employer reimbursed you for moving expenses, that reimbursement might be excludable from your income.) The […]
Budget Proposal
/in Uncategorized/by RyanThe Trump administration’s 2019 budget proposal includes repeal of the Affordable Care Act. Released on Feb. 12, the proposal also includes establishing HSAs for Medicare beneficiaries, providing incentives for states to build unemployment insurance reserves, and providing the IRS with $11.1 billion in “base funding.” That includes $2.3 billion for “running key tax filing and […]
Small business owners: A SEP may give you one last 2017 tax and retirement saving opportunity
/in Business Taxes, Individual Taxes, Tax Planning/by RyanAre you a high-income small-business owner who doesn’t currently have a tax-advantaged retirement plan set up for yourself? A Simplified Employee Pension (SEP) may be just what you need, and now may be a great time to establish one. A SEP has high contribution limits and is simple to set up. Best of all, there’s […]
Claiming bonus depreciation on your 2017 tax return may be particularly beneficial
/in Business Taxes, RMF News, Tax Planning/by Raffensperger Martin Finkenbiner RMFWith bonus depreciation, a business can recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The Tax Cuts and Jobs Act (TCJA), signed into law in December, enhances bonus depreciation. Typically, taking this break is beneficial. But in certain situations, your business might save more tax long-term by […]