Pennsylvania Business Networking

Time & Location

We meet every Tuesday from 7am until 8:31am at the Whitford Country Club
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!

Adam Perkowski - Home Automation

Home Automation
Adam Perkowski - Springboard Media
290 Main St Exton PA 19341
215-298-2322
Contact Adam
http://www.springboardmedia.com linkedin 24x24

Adam Perkowski is a Gadget Guy.  He loves finding ways to guide you through the technology of todays connected homes and make all of Your devices work the way they should.  As a home automation specialist with Springboard Media Adam uses technology to improve your standard of living.  

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Letip Creed

"LeTip is a professional organization of men and women dedicated to the highest standards of competence and service. Our purpose is the exchange of business Tips. Members will, at all times, maintain the highest professional integrity. Each business category is represented by one member and conflicts of interest are disallowed."