Kurt Anderson

Kurt Anderson joined CDH in February 2011 as the Principal-in-Charge of our Tax Group. As an attorney and CPA, Kurt has practiced many years in several different settings; in each role, he worked to reduce clients' corporate, estate or individual income tax obligations. http://www.cdhcpa.com

Surviving Spouse

Not sure whether to laugh or cry… A recent decision by the US Court of Appeals demonstrates the importance of making sure your new spouse is truly divorced before he/she marries again.  Otherwise it can spell disaster for the surviving spouse. http://www.sccourts.org/opinions/HTMLFiles/SC/27308.pdf … Continue reading

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Can I claim my elderly parent as a dependent?

For you to deduct up to $3,900 on your 2013 tax return under the adult-dependent exemption, in most cases the parent must have less gross income for the tax year than the exemption amount. Generally Social Security is excluded, but payments from … Continue reading

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Business Prudence: Workforce Audits Are a Necessary Evil

In the past several years, there have been a number of court decisions involving “employee classification” and “wage and hour” litigation.  These decisions have dramatically increased businesses’ risks relating to employee classification  (i.e. employee vs. independent contractor), as well as wage and … Continue reading

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Tax Bite: Short-term ACA Relief

Short-term ACA relief is now available for midsize and large employers.  Recently released IRS final regulations for the Affordable Care Act’s (ACA’s) employer shared-responsibility provision provide some short-term relief for midsize and large employers. Under the ACA, the shared-responsibility provision (commonly referred … Continue reading

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PFIC Reporting Limitations

Many taxpayers feel that the IRS has too much time to look at their return and that the three-year statute of limitations is too long.  Well, if you own shares in a Passive Foreign Investment Company (PFIC) you haven’t seen anything yet! … Continue reading

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