Hot Topics

  • 2011 Job Creation Deduction for Wisconsin:  If you added more employees in 2011 you may be eligible for a subtraction of up to $4000 per eligible employee from federal income.  See this link http://www.dor.state.wi.us/taxpro/fact/jobcreation.pdf for more information.

  • Capital Gains Rates: The lower tax rates on capital gains and qualified dividends are set to expire at the end of 2012.  Be sure to take advantage of these lower rates while you can.  The federal tax rate on this type of income is 0% for those taxpayers in or below the 15% regular tax bracket; and is 15% for those who are over the 15% regular tax bracket. 

     

    For more information give us a call or email us at info@ahmcpa.com