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The IRS has recently announced the 2012 HSA contribution limits: Individual: $3,100 Family: $6,250 Minimum Annual Deductible (Individual): $1,200 Minimum Annual Deductible (Family): $2,400 Out-Of-Pocket Maximum (Individual): $6,050 Out-Of-Pocket Maximum (Family): $12,100
On June 30, 2011, Ohio Governor John Kasich signed House Bill 153. This 3,262 page appropriations bill, among other things, eliminates the Ohio Estate Tax, beginning in 2013. The Ohio Estate Tax applies to a decedent’s property owned at the … Continue reading
The Internal Revenue Service has responded to the nationwide increase in gas prices by raising the mileage rate by 4.5 cents. Starting July 1, drivers will be able to deduct 55.5 cents per mile for the business-related travel they undertake … Continue reading
With tonight’s Mega Millions jackpot reaching $312 million and tomorrow’s Powerball jackpot at $125 million, people throughout the country may be dreaming of what they could do with this potential windfall of nearly one-half billion dollars. Although the odds of … Continue reading