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7550 Lucerne Drive, Suite 400 Middleburg Heights, Ohio 44130 ph. (440) 239-1911 fax (440) 239-1919 |
Experienced. Dependable. Willing.
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WelcomeWasacz & Skvoretz LTD has been serving clients in Northeast Ohio for over 14 years from our Middleburg Heights offices. Our performance has earned us the respect and trust of clients and it continues to drive our business spirit to deliver insightful information to help businesses succeed and families prosper. Wasacz & Skvoretz LTD is active in all aspects of strategic and operational consulting and implementation. Special areas of emphasis include accounting, assurance, tax planning, business valuation and succession planning. QuickBooks Remote Access Do you ever need to access your QuickBooks file when you're out of the office? Click here to read about setting your computer up for Remote Access for FREE!
Tax NewsMileage Rates for 2012 The
Internal Revenue Service
issued the 2012 optional
standard mileage rates used
to calculate the deductible
costs of operating an
automobile for business,
charitable, medical or
moving purposes.
Payroll Tax Cut Extended for 2012
On February 22, 2012, the Temporary Payroll Tax Cut Continuation Act of
2011 was permanently extended for all of 2012. This extends the two
percentage point payroll tax cut for employees, continuing the reduction
of their social security tax withholding rate from
6.2 percent to 4.2 percent of wages paid through
December 31, 2012. This
reduced social security withholding will have no effect on employees’
future social security benefits.
As
part of the legislation, the
recapture provision, passed with the original legislation in
December, will be repealed.
If you have any questions, please feel free to
contact us at (440) 239-1911.
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Tax Organizers Available!Click here for more info on downloading a blank organizer to help you gather your tax information.
Questions?We are here to answer your questions about your unique tax, estate or financial situation. Let us know how we can help!
Affiliate RelationshipWe have an affiliate relationship with Intuit, the makers of QuickBooks.
Please feel free to contact us if you need assistance with any of the tax laws! We'd be happy to help you figure out how the changes apply to your unique situation.
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| Copyright © 2012 Wasacz & Skvoretz LTD. |