Tag: Tax Law Changes

Social Security Employee Tax Reduction will Last at Least Another Two Months

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by Brandon Cook, CPA | Partner, Tax Services Group The way things are now: Under a tax law passed last year, the usual 6.2 percent OASDI rate for employees was reduced by 2 percent. A comparable tax break is available to self-employed individuals. However, employers aren’t eligible for any reduction. For employers, the 6.2 percent […]

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Health Care Bill 2010 – Part 2 – Impact on Individuals

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by Marie Jett, CPA | Manager, Tax Services Group and Member of the Manufacturing & Distribution Services Group In the last e-newsletter issue, we looked at the Health Care Bill and its affect on businesses. This time we are discussing the affect this legislation has on individuals and the many tax law changes this bill […]

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