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Extenders Bill on the Way Signed by President Obama

07 Jan

The bill, titled the “Protecting Americans from Tax Hikes (PATH) Act of 2015,” makes some of the extended provisions permanent while extending others only for two years. Among the provisions included in the PATH bill are a number of items that may be of direct interest to NSA members. These provisions include the following sections: [...]

Fiscal Cliff Legislation…. What it means to you!

03 Jan

The following represents a synopsis of the provisions included in this historic tax change bill. Tax rates in 2013 will top out at 39.6% (up from 35%) for individuals making more than $400,000 a year, $425,000 for Head of Household and $450,000 for married filing joint. The 2% “haircut” for employee social security is gone [...]

The IRS Issues a Consumer Alert: New Email Scam

03 Jul

Taxpayers should be on the lookout for a new, email-based phishing scam now circulating that targets Department of Defense military members, retirees, and civilian employees. The email appears to come from Defense Finance and Accounting Services and displays a .mil email address. The email states that those receiving disability compensation from the Department of Veterans [...]