Time & Location

Time & Date:
Every Tuesday from 7am until 8:31am

Location:
Boy Scouts of America Building
1 Scouting Way, Exton, PA 19341
Click here for the map

LeTip Chester County East met on Tuesday, March 3, 2015 at the Wyndham Garden Hotel in Exton, PA. The group was joined by a guest representing the category of Banker.

Our speaker was our CPA, Dan Harris (This email address is being protected from spambots. You need JavaScript enabled to view it.). Dan informed us about a few of the changes to the tax code for the 2014 tax year. 2014 marked the beginning of the Affordable Care Act, which requires everyone to have health insurance or pay a penalty. Some people may qualify for a subsidy, and they will need to file a 2014 tax return even if their income level falls below the amount that would typically require someone to file. Dan also told us about a change to the rule for businesses that purchase supplies or equipment priced higher than $200. Purchases worth more than $200 now need to be capitalized rather than deducted outright during the year of purchase. It is possible to file an election, which can raise the limit from $200 to $500. 2014 may also be the last year in which taxpayers can deduct mortgage interest on their tax returns. Of course, the best way to ensure compliance with all of the changes in tax law is to hire a CPA to prepare your return, and Dan is willing to help any individual or business with their taxes. Contact him soon for 2014 tax returns.

Random Member!

Gregory Cazillo - Website Designer

Gregory Cazillo - Website Designer
Past President
@Cazillo Website Design
Letip Member Since June 2007
256 Eagleview Blvd PMB 104
Exton, PA 19341
(610)572-3722
Website Design
Send Greg an email
View Gregory Cazillo's profile on LinkedInView Gregory Cazillo's TwiterPhiladelphia Photographer

Greg thinks like an artist. Or better, he SEES like an artist. While most people look at life's straight lines, its height and depth and width, Greg is bending the lines with his imagination and turning black and white into shades of blue and yellow.

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