Mueller Prost PC is Advising with Vision

Announcements & Updates  

Taxpayers - Be Aware of IRS Phone Fraud Scam

Taxpayers are being victimized in what the IRS is calling the largest fraud scam they have seen to date.  IRS imposters are calling and trying to collect financial information from taxpayers.  Please remember that the IRS uses U.S. mail for the majority of their correspondence and will NEVER ask for immediate payment via wire transfer or debit card over the phone.  Click here to read the Forbes online article about the scam.

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Benefit Plan Updates and Compliance Reminders

Stop - Think - Comply

At this time of year it is important to think about your plan’s compliance and filing requirements for 2013 as well as steps you should take to be prepared for the changes in 2014.

The Internal Revenue Service (IRS) has announced cost-of-living adjustments for 2014. These dollar limits apply to 401(k) and other defined contribution retirement plans, including 403(b) plans as well as defined benefit pension plans. 

Read the full article and list of reminders and actions you may need to take here.

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Benefits and Burdens of the Domestic Production Activities Deduction

Plastics Business, Winter 2014

Enacted in 2004, the Domestic Production Activities Deduction (DPAD)1 is generally nine percent (9%) of a taxpayer's qualified production activities income (QPAI or qualifying income) for the tax year.2 The DPAD is designed to be the economic equivalent of a three percent (3%) reduction in tax rate on qualifying activities. This article will focus on how the DPAD applies to the various revenue streams of plastics processors, addressing qualification requirements of sales related to parts and molds, as well as determining which party is eligible for the deduction in instances of multiple parties' involvement in the same economic activities.

Read the full article (online | pdf) authored by Michael J. Devereux, II, Director of Manufacturing and Distribution Services at Mueller Prost, and featured in the Winter 2014 issue of Plastics Business.

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R&D Tax Credits: USA Injects Cash into the Plastics Industry
Plastics Engineering, January 2014

One of the most under-utilized tax savings opportunities for companies in the plastics industry is the U.S. Credit for Increasing Research Activities (the "R&D tax credit").

Read the full article authored by Michael J. Devereux, II, Director of Manufacturing and Distribution Services at Mueller Prost, and featured in the January 2014 issue of Plastics Engineering.

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Act Now to Protect Your Depreciation Deduction in 2014 and Beyond!

We recently sent out an email update discussing the de minimis policy allowed by the IRS under the new Repair and Maintenance regulations. A copy of the update is here for your reference. These new regulations are complex and confusing, and there are a few items that are of critical importance to address very quickly. 

Read the full article here to find out:

  • Required Action Before Year End
  • Other Key Steps to Take

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Time Is Running Out!  Take Advantage of 2013 Tax Saving Opportunities

It’s not too late.  With the end of the year quickly approaching, there is still time to minimize taxes for 2013.  We have a few tax planning ideas and reminders to consider before 2013 comes to an end.  


Click here to learn more about how you might be able to save!

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Join the Team!

Mueller Prost has grown to become one of St. Louis, Missouri’s leading CPA and business advisory firms with over 30 years of dedicated service to our clients. Find out more about our current opportunities in the careers section of our website.

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By Advising with Vision®our team offers clients new and unique ways to look at their businesses.  Our forward-thinking CPAs and advisors stand ready to provide a depth of expertise, strategies and resources required to help clients set and achieve their goals at every stage of the business lifecycle.

As a member of PKF North America (an association of independent firms), our firm has the ability to leverage national and global resources from more than 300 firms around the world when needed to benefit client engagements.

Enjoy searching our site, and if we can be of help, please contact us.

 

Reference

X-Vision® 

X-Vision Consulting Services Click Here to find out how to get your complimentary assessment and benchmarking report.

NEW! Tax Planning Guide

Think ahead for your Year-End Tax Planning. Mueller Prost PC offers the Tax Planning Guide. 
2013 Year-End Tax Guide

Financial Calculators

We've compiled a variety of calculation tools that are most helpful to our clients. Go to Financial Calculators>

On-Line Tax Organizer

Mueller Prost Online Tax NotebookMueller Prost's Online Tax Notebook is now available.  Through a secure link, you can track and keep all of your tax documentation organized.
Click here to access.
PKF North America Affiliation


As a member of PKF North America, we have the ability to leverage national and international resources to add value to client engagements.

About our PKF Networks >








Hot Topics

Take Time for Estate Planning

Is your estate plan up-to-date? For more details, please contact Doug Mueller at 314.862.2070.

Estate Planning Guide
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Fraud is Real - Are You Vulnerable?

Read More. Questions? Contact Adam J. Herman at 314.862.2070.

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Investing in U.S. Competitiveness:  The Benefits of Enhancing the Research and Experimentation (R&E) Tax Credit

Click here for the recent report from the U.S. Department of the Treasury.
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Proud to Serve Non-Profits

Mueller Prost PC is proud to serve non-profit organizations such as the Pujols Family Foundation.
For details about our non-profit services, please contact
Jeanette Bax-Kurtz at 314.862.2070.

 

 

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