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TaylorChandler Blog

Tax Relief for Victims of Severe Storms, Tornadoes and Straight-line Winds in Georgia

1/30/2017 6:55:21 PM tax relief storms georgia

For our clients in Georgia, please contact our Albany office if you were affected by the storms and want to see if you qualify for tax relief from the IRS.

Click Link below to learn more:

https://www.irs.gov/uac/tax-relief-for-victims-of-severe-storms-tornadoes-and-straightline-winds-in-georgia

TaylorChandler Gets Second Consecutive Nomination for CPA Firm of the Year in US Captive Awards

7/15/2016 7:52:42 PM firm of the year captive awards captive review taylorchandler

For the second consecutive year, TaylorChandler (TC) has been nominated for CPA Firm of the Year in the US Captive Awards organized by Captive Review magazine.

TC earned this important national recognition due to its experience, quality, and expertise in the insurance industry.

The CPA Firm of the Year category is open to all regulated CPA firms serving US parented captives. Judges pay particular attention to examples of efficiencies in areas such as GAAP, statutory reporting, auditing

TaylorChandler Nominated for CPA Firm of the Year in US Captive Awards

7/20/2015 9:18:18 PM firm of the year captive awards tc cpa insurance captive review

MONTGOMERY, AL — July 20, 2015 — TaylorChandler (TC) has been nominated for CPA Firm of the Year in the US Captive Awards organized by Captive Review magazine.

TC earned this important national recognition due to its experience, quality, and expertise in the insurance industry.

The CPA Firm of the Year category is open to all regulated CPA firms serving US parented captives. Judges pay particular attention to examples of efficiencies in areas such as GAAP, statutory reporting,

TC Building Featured in Montgomery Advertiser

7/2/2015 5:18:03 PM montgomery advertiser southern living hampstead office space tc

TC's new office building in Montgomery, Alabama was featured by the Montgomery Advertiser. 

The article summarizes TC's move to Hampstead and features Hampstead, which this spring was selected as one of Southern Living magazine's "Southern Living Inspired Communities."

To read more, please visit http://www.montgomeryadvertiser.com/story/news/local/east-montgomery/2015/06/30/space-available-hampsteads-new-office-building/29527547/.

IRS Announces 2016 HSA contribution limits

5/5/2015 4:40:54 PM hsa irs 2016 single family high deductible

According to the IRS, the maximum contribution that can be made next year to an HSA linked to a high-deductible plan will be:

• $3,350 for single coverage

• $6,750 for employees with family coverage

However, maximum out-of-pocket expenses will increase in 2016 for both.

Maximum out-of-pocket employee expense, including deductibles, will be:

• $6,550 for single coverage

• $13,100 for family coverage.

For 2016, a high-deductible health plan is defined

Hampstead selected as a “Southern Living Inspired Community” -- TC Headquarters key piece of town center

4/16/2015 5:33:16 PM hampstead southern living inspired community town center headquarters

For nearly 50 years, Southern Living has been a leading inspiration for the region, featuring ideas and happenings in the South. The Southern Living brand is synonymous with quality, integrity, and the character of the South.


Hampstead is thrilled to announce its selection as one of Southern Living magazine’s “Southern Living Inspired Communities.”

TaylorChandler's headquarters in Montgomery, Alabama is a key centerpiece to the Hampstead Town Center. 

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IRS Clarifies Application of One-Per-Year Limit on IRA Rollovers, Allows Owners of Multiple IRAs a Fresh Start in 2015

11/18/2014 11:46:38 PM ira rollover irs 2015 roth

 

The Internal Revenue Service recently issued guidance clarifying the impact a 2014 IRA rollover has on the one-per-year limit imposed on tax-free rollovers between IRAs.


The clarification relates to a change, announced earlier this year, in the way the statutory one-per-year limit applies to rollovers between IRAs. The change in the application of the one-per-year limit precludes an individual from making more than one tax-free rollover in any one-year period, even if the

IRS Announces 2015 Pension Plan Limits

10/31/2014 1:31:21 AM 2015 irs 401k pension 457 403b limit phaseout deferral contribution ira savers credit

The Internal Revenue Service recently announced adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015.

Highlights include the following:

  • The elective deferral (contribution) limit for employees who participate in 401k, 403b, and most 457 plans is increased from $17,500 to $18,000.
  • The catch-up contribution limit for employees aged 50 and over who participate in 401k, 403b, and most 457 plans is increased from $5,500

Gotten a call from the IRS? Here's how to tell if it's real

9/2/2014 10:21:31 PM irs cyber risk identity theft

You've probably heard of various ways recently that personal data has been stolen. All these methods are referred to as cyber risk.

How do you know if the call you've gotten is real or not? The IRS recently gave these tips if you get a phone call from someone claiming to be from the IRS and asking for money:

 

  • If you know you owe taxes or think you might owe, call the IRS at 800-829-1040 to talk about payment options. You also may be able to set up a payment plan online

Only Mississippi and Minnesota didn't see economic growth in the last quarter of 2013

8/27/2014 6:04:51 PM economy growth

Half the nation saw steady growth in economic output last year, with real gross domestic product growing at an annual rate in each quarter of last year in 24 states. The prototype statistics, published on Wednesday for review by users, represent the first-ever release of quarterly state GDP data from the Bureau of Economic Analysis.

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