Skip Navigation LinksAccounting and Tax > Tax Services for Individuals > Tax Alerts

Tax Alerts

  • 6/26/2015

    ACA Health Insurance Mandate is Here! How does it affect your business?

    The Affordable Care Act Health Insurance Mandate is finally here. Many businesses are still trying to determine if it applies to them, when it applies to them and how to deal with it. There are also concerns about the reporting and tracking of information for Forms 1094C (for the Company) and 1095C (for each employee). The final rules are summarized here...

    view details


  • 6/17/2015

    PCORI Fee for Self-Insured Health Plans Due 7/31/2015

    The Affordable Care Act (ACA) imposes a fee on self-insured health plans to fund the Patient Centered Outcomes Research Institute (PCORI). For self-insured plans ending in January 2014 through September 2014, the fee is $2 per covered life based on the average number of lives covered under the policy or plan. For self-insured plans ending in October 2014 through December 2014, the fee is $2.08 per covered life.

    view details


  • 6/3/2015

    IRS Data Theft

    The IRS announced on Tuesday, May 26, 2015, that cyber criminals stole tax return information from the IRS’s “Get Transcript” application on its website. The IRS reported that 200,000 attempts were made to access data, and that the criminals were successful in gaining access to approximately 100,000 U.S. taxpayer accounts. The stolen data included Social Security information, date of birth, and street address. The “Get Transcript” application has been disabled temporarily so that the IRS can make modifications and strengthen the security of the application.

    view details


  • 5/28/2015

    College Tax Incentives

    Are you starting to plan for college? Are you or your child in college now? If you answered yes to either of these questions, there are many tax incentives related to college savings plans and tuition that you should know.

    view details


  • 2/10/2015

    Wisconsin Unclaimed Property

    Beginning July 1, 2015, the Wisconsin Department of Revenue (DOR) will return unclaimed property to its owner, without the owner having to file a claim, if the value of the property is $2,000 or less and the DOR can identify and locate the owner through tax return information. The DOR will first offset the unclaimed property against any debt owed to the DOR.

    view details