News & Articles

David G. Echelbarger To be on Expert Panel

Posted on Mon, Feb 01, 2016

David G Echelbarger, President of EHTC, will be on WZZM 13's expert witness panel on Tuesday, February 2. Join him on Facebook as he answers questions to help you get through the tax season. Questions can be emailed to news@wzzm13.com and they will be answered live on the air. Follow the conversation beginning at 5pm on WZZM 13's Facebook page: https://www.facebook.com/wzzm13/.

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Tags: Tax, Echelbarger

Governor Snyder Appoints Dennis Echelbarger

Posted on Tue, Aug 12, 2014

GOVERNOR SNYDER APPOINTS DENNIS ECHELBARGER, CPA, CFF, CGMA

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Tags: EHTC Article, Press Release, Echelbarger, Dennis Echelbarger, Community Action and Economic Opportunity

Goodwill Amortization: A Taste of 'Little GAAP'

Posted on Mon, Feb 10, 2014

After years of listening to complaints from private firms and their auditors that certain accounting rules were too costly and complex, the Financial Accounting Standards Board (FASB) has finally taken action. On January 16, the FASB simplified one of the accounting rules private firms most loved to hate: FASB Accounting Standards Codification Topic 350, Intangibles - Goodwill and Other.

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Tags: Audit, EHTC Article, CPA Firm, Echelbarger, Financial Accounting Standards Board, Goodwill, New Rule

New Rules Ease Limits on Dental, Vision Plans

Posted on Mon, Jan 27, 2014

The reach of the Affordable Care Act (ACA) is not unlimited. The law itself creates exceptions from key requirements for certain benefits, referred to as "excepted" benefits. Keep reading to learn more information about new proposed regulations related to these exceptions as well as to learn about a new category known as "wraparound benefits." 

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Tags: Healthcare, EHTC Article, Dental Coverage, Vision Plans, Wraparound Coverage, ACA, CPA Firm, Echelbarger

What's New on Your 2013 Form 1040

Posted on Mon, Jan 27, 2014

The IRS starts processing individual tax returns on January 31. But beware. Upper-income taxpayers could owe significantly more when they file their returns this year. Here's more information on the key tax law changes that took effect for the 2013 tax year. 

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Tags: CPA Firm, Echelbarger, Higher, EHTC, Individual Tax Increases, Medicare Tax, Capital Gains

Important Tax Figures for 2014

Posted on Mon, Jan 13, 2014

Every year, the dollar amounts allowed for various federal tax benefits are subject to change based on inflation adjustments and legislation. Here are some important tax figures for 2014, compared with 2013, including the estate tax exemption, Social Security wage base, qualified retirement plan and IRA contribution limits, driving deductions, allowable business write-off amounts and more. 

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Tags: Federal Tax Benefits, Tax Figures for 2014, 2014 Taxes Compared to 2013, CPA Firm, Echelbarger, EHTC

New Capitalization Regulations

Posted on Tue, Dec 24, 2013

The IRS and Treasury Department have released final regulations that affect the treatment of materials and supplies, capitalization of amounts paid to acquire or produce tangible property, and the capitalization and deduction of expenditures relating to the repair or improvement of tangible property. These regulations will have an impact on most taxpayers regardless of industry and the application is mandatory for tax years beginning after December 31, 2013.

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Tags: EHTC Services, Treasury Department, Taxpayers, IRS, CPA Firm, Echelbarger, New Capitalization Regulations, De Minimis Expensing Rule, EHTC

Wrap Up Last-Chance Tax Breaks for 2013

Posted on Mon, Dec 16, 2013

Find some time in the midst of the holiday bustle to examine your tax situation for the year. Here are six potentially money-saving opportunities involving charitable contributions, investments, retirement plans, IRA distributions, medical expenses and college costs that must be acted on by Tuesday, December 31. 

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Tags: IRA Distributions, Charitable Donations, Tax Breaks for 2014, Flexible Spending, College Tax Breaks, Investment Holdings, Roth Conversion, Articles, Echelbarger, EHTC

Win-Win: Hire a Veteran by December 31 and Save on Taxes

Posted on Mon, Dec 16, 2013

If you're planning to hire soon and are looking for ways to save on your 2013 tax bill, you can do both, if you act quickly. Hiring a veteran may not only get you a first-class employee, but can qualify you for thousands of dollars in tax credits. Continue reading to learn what you need to do to take advantage of this generous tax break. 

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Tags: Business Tax Savings, Benefits of Hiring a Vet, 2014 Tax Credit, Articles, Echelbarger, EHTC

IRS Announces Standard Mileage Rates for 2014

Posted on Mon, Dec 16, 2013

Businesses and individuals who rely on the IRS's standard mileage rates to calculate deductible vehicle expenses will see a slight decrease in the deduction next year. The cents-per-mile rate is based on the costs of operating a vehicle. Read on to see what the standard mileage rates for tax purposes will be in 2014, along with the current national average price of a gallon of gas. 

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Tags: CPA Firm, Articles, Echelbarger, EHTC, 2014 IRS Mileage Rates, Business and Individual Mileage Rates