Recent Legislation May Affect Your Retirement Savings

Recent Legislation That Could Change How You Plan for Retirement

By | News, Retirement

Have you heard of the SECURE (Setting Every Community Up for Retirement Enhancement) Act of 2019? It swiftly passed in the House of Representatives in May, but was halted in the Senate and as of now, is still awaiting the vote. If you’re currently saving for retirement, looking to retire, or are an employer concerned with your retirement savings options for employees, it’s worth diving into this proposed legislation and learning how it can affect you. 

Read More
Kevin Schneider, Tax Manager and CPA

Pine & Company CPAs Names Kevin Schneider Firm Senior Tax Manager

By | News

Pine & Company CPAs today announced that Kevin Schneider is being promoted to Senior Tax Manager at the firm, effective May 15th. With over 12 years of experience in public accounting and with a current specialty in real estate and general business tax planning and preparation, Schneider has become an integral player in the firm’s success. Schneider’s recognition is received on the tail of his outstanding work at Pine. Now acting in the capacity of Senior Tax Manager according to all industry and internal firm standards, he has been exceptional in taking full ownership of managing the tax unit of…

Read More
New IRS scam

Notice: New IRS Scam Warning

By | News, Taxes

**NOTE: The IRS will never contact you by phone or email. Never give someone claiming to be the IRS by these means personal information. The IRS will always send an official USPS mail letter to correspond with you. Have you received an email or automated phone call from the IRS? The IRS is warning of a new scam hackers are using to acquire your personal information and money. It begins with hackers infiltrating your employer’s or tax preparer’s databases and stealing your personal and financial information. Some of the current scams include using that information to then file a false…

Read More

How the New Tax Reform Impacts Businesses

By | News, Taxes

To learn how the new tax reform will impact individuals, click here. As you are very likely aware, Congress finally passed the tax reform legislation today. There is a tremendous amount of language in this bill that will impact business taxes, and it will take us some time to get our heads fully wrapped around it to devise the most optimal planning techniques for our business clients to take advantage of it all. In the meantime, here are some of the more salient points and how this bill will likely impact our clients. The c-corporation tax rate cuts are significant….

Read More

How the New Tax Reform Impacts Individuals

By | News, Taxes

To learn how the new tax reform legislation will impact businesses, click here. The tax reform legislation passed by Congress significantly changes the landscape for individuals beginning January 1, 2018, and continuing for many years to come. The vast majority of the new tax law only impacts future tax years. For many taxpayers, the changes made by the legislation present a host of tax planning challenges and opportunities going forward. Due to the elimination or limitation on itemized deductions, and the elimination of personal exemptions, a key consideration in planning for 2018 is to first look at ways to lower…

Read More
summary of proposed tax reform legislation

Summary of Proposed Tax Reform Legislation

By | News, Taxes

  The US House of Representatives recently released their first draft (and second draft) of congress’ much anticipated tax reform bill (H.R. 1).  Significant tax reform may actually be passed this year, and it looks possible that it will offer the greatest sweeping changes to the US tax code in more than 30 years.  Although H.R. 1 is likely to see many changes before becoming law and its passage is uncertain, taxpayers should be aware of what has been released by congress and how it may impact them. As CPAs that have spent uncountable hours helping our clients understand and…

Read More

Press Release

By | News

Mike Pine CPA, PC Acquires Keller Based Tax Firm, Pine & Company, CPA’s PLLC new Pine & Company logo Companies to merge and rebrand as Pine & Company CPAs Keller, Texas (January 28, 2015) – Mike Pine CPA, PC recently announced it has signed a definitive agreement to acquire Pine & Company, CPA’s, PLLC; a Keller based bookkeeping, tax, and business consulting firm. The acquisition allows Mike Pine CPA the opportunity to offer clients a wider range of services and better serve the accounting needs of costumers within the Dallas-Fort Worth metroplex. As part of the acquisition, both companies will…

Read More