The final fee rule will increase the average application and petition fees by approximately 10 percent. Form No. Application/Petition Description Existing Fees (effective through Nov. 22, 2010 Adjusted Fees (effective beginning Nov. 23, 2010) I-90 Application to Replace Permanent Resident Card $290 $365 I-102 Application for Replacement/Initial Nonimmigrant … [Read more...] about Advance Parole, EAD and other filing fees increase from Nov 23, 2010
Personal Tax
Tax Planning Can Help You Save Money
All planning involves looking ahead to reach a specific goal. People are inclined to make careful plans when they consider making a home purchase, accepting a new job, taking a dream vacation, or investing for retirement. But when it comes to taxes, they often leave matters to chance, perhaps not realizing the tax savings that can result. THE GOAL OF TAX PLANNING IS TO SAVE YOU … [Read more...] about Tax Planning Can Help You Save Money
Tax Rumors Abound
There are two false tax rumors that have been circulating around and troubling clients. To set the record straight, a brief explanation of both rumors is provided below. False Rumor #1 – “Employer-paid health insurance benefits will be taxable in 2011.” Not true! Starting in 2011, the amount of employer-paid healthcare benefits was to be included on the W-2 as an … [Read more...] about Tax Rumors Abound
Home Office Deduction
If you use a portion of your home for business purposes, you may be able to take a home office deduction whether you are self-employed or an employee. Expenses that can be deducted for the business use of a home may include the business portion of real estate taxes, mortgage interest, rent, utilities, insurance, depreciation, painting and repairs. This deduction can be … [Read more...] about Home Office Deduction
Over-the-Counter Medication & Medical Reimbursement Plans
For many years, taxpayers have not been able to deduct as a medical expense on their tax return the cost of unprescribed over-the-counter medications. However, taxpayers with Flexible Spending Arrangements (FSA), Health Reimbursement Arrangements (HRA), Health Savings Accounts (HSA) and Archer Medical Savings Accounts (Archer MSA) could reimburse themselves for the cost of … [Read more...] about Over-the-Counter Medication & Medical Reimbursement Plans