Tax Newsletter – June 2016

The HoganTaylor LLP Tax Team is excited to present the June 2016 edition of our eNewsletter. Our newsletter is designed to help you keep up with the latest tax issues.

We’ve designed the newsletter to be read in quick chunks–knowing that leisurely reading time is a luxury for most of you. We’ll also always have the content on our site so that you can refer to it later.

As always, please do not hesitate to contact a member of the HoganTaylor Tax Team with any questions you may have regarding these subjects. Additionally, we welcome any thoughts or ideas you may have for future newsletter topics.

In This Issue:

Should You Pay Summer Interns?

Each year, many companies—large and small—offer summer internships. The interns are frequently college students between academic years, and they usually are unpaid. Recently, such arrangements have come under fire from those contending interns should be put on the payroll. Read More

Planning for Today’s Pensions

Some observers have commented that few private sector workers can look forward to pensions after retirement. The traditional pension, a lifelong stream of income to a retiree and perhaps a surviving spouse, is becoming a rarity for those who are not long-term government employees. Read More

Putting Your Money Into Timeshares

Does it make sense to buy a timeshare? Negative opinions are easy to find, and there’s little doubt that high-pressure sales pitches may lead to some bad decisions. Read More

Depreciation Limitations for 2016 vehicle additions

Depreciation limitations defined for passenger automobiles and trucks/vans placed in service in calendar year 2016. Read More

Applicable Federal Rates for June 2016

The Applicable Federal Rates (AFRs) for June 2016 are as follows (Rev Rul 2016-13, 2016-25 IRB). Read More

Tax Calendar

Find out what tax deadlines are approaching in July of 2016. Read More