Equifax Data Breach- What You Should Know
The Equifax data breach, which is estimated to have impacted 143 million Americans – nearly half the US population – is considered one of largest data breaches in history. So there is a good chance [...]
Beware of Fake Charity Scams Relating to Hurricane Harvey
WASHINGTON ― The Internal Revenue Service today issued a warning about possible fake charity scams emerging due to Hurricane Harvey and encouraged taxpayers to seek out recognized charitable groups for their donations. While there has [...]
Tips for Tax Payers Traveling for Charity
During the summer, some taxpayers may travel because of their involvement with a qualified charity. These traveling taxpayers may be able to lower their taxes. Here are some tax tips for taxpayers to use when [...]
Congratulations to Carli Ortiz for AICPA Standing Ovation Award
Congratulation to Linkenheimer Partner Carli Ortiz for being honored as 1 of 16 CPAs under 40 for their contributions to personal financial planning. See the ACIPA press release below for more info: LAS VEGAS (June [...]
Linkenheimer Wins Gold for Best of the North Bay
We want to thank all of our clients, friends, family and readers of the North Bay Biz who voted for us and have supported us for all these year. We are honored to win the [...]
New Health Saving Account Limits for 2018
The Internal Revenue Service released the 2018 inflation-adjusted limitations for health savings accounts. In Revenue Procedure 2017-37, the IRS said the annual contribution limitation on deductions for an individual with self-only coverage under a high [...]
House Republicans Pass Amended AHCA
On May 4, 2017, members of the U.S. House of Representatives voted along party lines to pass an amended version of the American Health Care Act - proposed legislation to repeal and replace the ACA. [...]
Trump’s 2017 Tax Reform Unveiled
The White House  issued President Trump’s goals and key features for tax reform, including cut corporate tax rates, flattened individual marginal income tax brackets, and repeal of the estate and alternative minimum taxes. He outlined these [...]
Still Time to Contribute to an IRA for 2016
Available in one form or another since the mid-1970s, individual retirement arrangements (IRAs) are designed to enable employees and the self-employed to save for retirement. Contributions to traditional IRAs are often deductible, but distributions, usually [...]
More Info on ACA Repeal and Replacement
House Republicans have unveiled a repeal and replacement plan for the Affordable Care Act (ACA). The GOP's American Health Care Act (ACHA) would eliminate most of the ACA's taxes, including penalties connected with individual and [...]