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Don’t Give Hackers the Chance to Hold Your Sensitive Data for Ransom

Posted on August 13, 2012 in Articles, Locations & Services

Tweet   Bloomberg.com reported that hackers recently attacked a small medical practice in Illinois. According to the article, they breached the security system, stole and encrypted medical records, and then demanded ransom in exchange for the password to retrieve the records. It’s important to remember that just because your computers are locked away safely in...

Is Now the Time to Sell High-Value Items? | Tax Planning Strategies

Posted on August 08, 2012 in Articles

Tweet According to an article on the AOL Real Estate blog, some luxury homeowners are looking to sell their high-end properties before the end of 2012. They’re scrambling to get their properties to market because the Bush-era capital gains tax cuts are scheduled to sunset at the end of the year, which could lead to...

Is Now the Time to Sell High-Value Items? | Tax Planning Strategies

Posted on August 08, 2012 in Articles

Tweet According to an article on the AOL Real Estate blog, some luxury homeowners are looking to sell their high-end properties before the end of 2012. They’re scrambling to get their properties to market because the Bush-era capital gains tax cuts are scheduled to sunset at the end of the year, which could lead to...

Thanks for Winning the Gold…Now Pay Your Taxes

Posted on August 06, 2012 in Articles

Athletes like Michael Phelps, Serena Williams, and Gabrielle Douglas train for years to make it to the Olympics. Their countless hours of training pay off as they stand on the podium and bow their heads to accept the gold medal…and then they get to pay taxes on their winnings. According to an article on Reuters,...

Will Bush Tax Cuts be Extended? House to Vote Next Week

Posted on July 30, 2012 in Articles

Last Wednesday, the Senate voted to approve the Democratic tax cut proposal, which would extend the current tax cuts for those with adjusted gross income under $200,000 for singles or $250,000 for couples. House Republicans have a proposal on the table, which would extend Bush-era tax rates another year, for all income levels. Speaker John...

Congressional Budget Office Releases New Estimates for Cost of Affordable Care Act

Posted on July 25, 2012 in Affordable Care Act Tips + Updates, Articles

On Tuesday, the Congressional Budget Office (CBO) released new estimates regarding the cost of the Affordable Care Act’s insurance coverage provisions, which takes into account the Supreme Court decision issued on June 28, 2012. The CBO estimates that Medicaid will cost $1,168 billion from 2012-2022, rather than the previously estimated $1,252 billion. They believe fewer...

Got Cash? Retailers Could Start Charging Consumers a Credit Card ‘Surcharge’

Posted on July 18, 2012 in Articles

Tweet According to a report on Forbes.com, Visa, Mastercard, and several banks recently settled a series of class action lawsuits that accused them of conspiring to set unreasonably high processing fees. As a result, they will have to pay $6 billion in settlement fees to more than 7 million merchants. As a result of the...

In the News | Pop Singer Sues Former Accounting Firm

Posted on July 09, 2012 in Articles

Tweet Robyn Fenty, aka Pop Princess Rihanna, is suing her former accounting firm, Berdon LLP. According to an article on Accounting Today, the singer claims that Berdon, LLP “drained her for tens of millions of dollars in revenues from her tours”. The article, by Michael Cohn states, “Rihanna alleges that the firm breached its agreements,...

In the News | Pop Singer Sues Former Accounting Firm

Posted on July 09, 2012 in Articles

Tweet Robyn Fenty, aka Pop Princess Rihanna, is suing her former accounting firm, Berdon LLP. According to an article on Accounting Today, the singer claims that Berdon, LLP “drained her for tens of millions of dollars in revenues from her tours”. The article, by Michael Cohn states, “Rihanna alleges that the firm breached its agreements,...

Happy 4th of July

Posted on July 04, 2012 in Articles, Committed to Our Communities

Happy 4th of July! H&S is closed today, but we will be open as scheduled on Thursday, July 5, 2012....