Latest News

HLB Member in Australia A Finalist in 2013 BRW Client Choice Awards

HLB Mann Judd, a member of HLB International in Australia and New Zealand, has been named a finalist in the 2013Business Review Weekly Client Choice Awards, in the ‘Best Accountancy Firm (revenue between $50 million and $500 million)’ category –for the second year in a row. It has also been named a finalist for ‘Best provider to the government and community sector’. The BRW Client... Read More

Tips for Taxpayers – Identity Theft and Tax Returns

The Internal Revenue Service is taking additional steps during the 2013 tax season to protect taxpayers and help victims of identity theft and refund fraud. Stopping refund fraud related to identity theft is a top priority for the tax agency. The IRS is focused on preventing, detecting and resolving identity theft cases as soon as possible. The IRS has more than 3,000 employees working on identity theft... Read More

HLB International Appoints New Member in Singapore

HLB International, one of the leading mid-tier international accountancy networks, has recently signed a new member in Singapore: KBH Integra. Established in 1994, KBH Integra provides a wide range of Audit & Accounting, Tax and Advisory services to both local and international clients. KBH Integra’s membership will strengthen HLB International’s already existing presence in Singapore with member... Read More

HLB International’s Member in the UK Elected 2nd Best Employer of the Year

Evolution LLP, one of HLB’s member firms in the UK, was placed second in the Employer of the Year category at the British Accountancy Awards 2012. This category recognizes the firm for working with the interests of its staff in mind – providing them with the very best conditions and taking on board their suggestions for improving team communication. Evolution’s managing partner Martin Barber... Read More

The American Taxpayer Relief Act

The “fiscal cliff” is over! President Obama signed into law the American Taxpayer Relief Act which permanently extends the Bush-era cuts for lower and moderate income taxpayers and permanently “patches” the alternative minimum tax (AMT), provides for a permanent 40-percent federal estate tax rate, renews many individual, business and energy extenders, and much, much more. In general, it... Read More

Two of HLB International’s Members in the Netherlands Complete Merger

HLB Kallen Raeven and HLB Van Daal & Partners, two of HLB International’s members in the Netherlands, have merged effective from January 1, 2013. Developments in the market and in legislation have made this a logical step for both organizations, who have collaborated for many years within the HLB network and regard each other as sound and reliable partners. The merger strengthens HLB’s position in... Read More

HLB Gross Collins, P.C.’s Rescue Dog

From our 10th story window that overlooks a wooded area, HLB Gross Collins, P.C. team members have been observing a stray dog for several weeks. When firm members initially tried to rescue her, she got scared and ran away. Since she was reluctant to get close to humans, firm members set up a food and water station for the dog and have been filling up bowls daily over the past several weeks to make sure... Read More

Planning for Changes

As of November 30, 2012, there was no significant progress in fiscal negotiations. Moving into 2013 a number of tax law changes will automatically occur due primarily to the expiration of the Bush-era tax cuts. Certain changes fixed by “Obamacare” legislation are unlikely to be repealed anytime soon. The following should provide you with perspective on some of the changes set to take place if there... Read More

New Medicare Taxes Under the Patient Protection and Affordable Care Act

Additional medicare tax. Beginning in 2013 there is an additional .9% medicare tax on wages and self-employment income in excess of $200,000 ($250,000 for married filing jointly, $125,000 in case of married filing separately). The additional tax is actually on the combined wages and self-employment income of both spouses in case of a joint return. The obligation to withhold the additional medicare tax is... Read More