Announcement: Ties to Top Firm in China

  • November 18, 2010

Thanks to the addition of a major Chinese firm to our international network, we have recently augmented our service capabilities and broadened our domestic and global reach. As an independent member of PKF North America, The Whitlock Company has strong relationships with leading accounting firms around the country. The addition of Daxin adds depth and expertise to the worldwide network.

Year-End Tax Planning: Actions to Take to Save Taxes

  • November 5, 2010

The midterm elections have changed the Congressional landscape, with Republicans winning control of the House of Representatives and picking up seats in the Senate. Even so, it's still too early to know exactly how this will affect open tax issues for 2010 and 2011. In short, year-end planning—which always involves some educated guesswork—is a bigger challenge this year than in past years.

The Whitlock Company Moves Tri-State Office to Joplin

  • November 1, 2010

We recently moved our Tri-state office from Webb City to Joplin on October 18, 2010. We will host an open house and ribbon cutting ceremony at the new office (3929 East 7th Street, Joplin, MO, 64801) on Friday, November 5, 2010 from 3-6 p.m. “We are very excited about the move,” said Managing Partner David Myers. He added, “Our client base in the tri-state area is constantly growing and changing. Our new Joplin office is more accessible to a greater number of our clients and allows us more visibility in the area.” The tri-state office serves clients in southwest Missouri, Kansas and Oklahoma.

Introducing a new service: the Health Care Reform Tax Plan

  • November 1, 2010

Health Care Reform will affect your business. Our Health Care Reform Tax Plan ensures that you are not caught off guard by complicated new regulations, and that you are able to take advantage of available incentives.

IRS Defers Reporting of Employer-Provided Health Insurance Costs on Form W-2

  • November 1, 2010

Employers are eligible for a one-year deferral of mandatory reporting of the costs of employer-provided health insurance on an employee's Form W-2, Wage and Tax Statement. According to the IRS, many employers need more time to make the necessary changes to their payroll systems to ensure accurate reporting.

Third Quarter Federal Tax Developments

  • November 1, 2010

The third quarter of 2010 brought many tax developments from Congress, the IRS, and the courts. We have highlighted some of the more important federal tax developments for you. Please give our office a call or send us an email if you have any questions about these developments.

2010 Year-End Tax Planning for Businesses

  • November 1, 2010

2010 year-end tax planning involves consideration of tax laws going into effect in 2011 as much it involves tax provisions effective this year. Some tax incentives that expired for businesses at the end of 2009 have been resurrected for 2010 (and 2011 in some cases), including bonus depreciation and small business expensing. However, with higher tax rates set for 2011, traditional planning techniques, such acceleration and deferral, may require more thought this year especially.

2010 Year-End Tax Planning for Individuals Presents Unique Challenges

  • November 1, 2010

As the end of 2010 quickly approaches, individual taxpayers should start to execute valuable year-end tax strategies. However, year-end tax planning for 2010 is especially unique, and a bit more complicated, due to the current uncertainty looming over a number of expiring tax cuts.