D'Arcangelo & Co., LLP

Making good financial sense

Help Team D’Arcangelo in Relay for Life

Jun 13

Posted by rkleban in D'Arcangelo, not-for-profit | No Comments

The American Cancer Society’s Relay for Life at the Dutchess County Fairgrounds in Rhinebeck raised more than $100,000. Team D’Arcangelo was proud to participate in the event again this year, and we’ve been thrilled by the contributions of our friends in the Hudson Valley and beyond.

Thanks to you, we have so far raised more than $8,500. Many members of our Poughkeepsie and Millbrook staffs attended and walked the track as part of the relay.

You can still contribute and join us in our effort to raise money and awareness helping the American Cancer Society create a world with less cancer and more birthdays. Click here to visit our team page and learn more about how you can help.

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IRS interest rates to remain unchanged

May 17

Posted by rkleban in IRS, taxes | No Comments

The Internal Revenue Service has announced that interest rates for the calendar quarter beginning July 1, 2011, will remain the same as in the previous quarter.  The rates will be:

4 percent for overpayments [3 percent in the case of a corporation];

4 percent for underpayments;

6 percent for large corporate underpayments; and

1.5 percent for the portion of a corporate overpayment exceeding $10,000.

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis.  For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.  Generally, in the case of a corporation, the underpayment rate is the federal short-term rate plus 3 percentage points and the overpayment rate is the federal short-term rate plus 2 percentage points.  The rate for large corporate underpayments is the federal short-term rate plus 5 percentage points.

The rate on the portion of a corporate overpayment of tax exceeding $10,000 for a taxable period is the federal short-term rate plus one-half (0.5) of a percentage point.

The interest rates are computed from the federal short-term rate during April 2011 to take effect May 1, 2011, based on daily compounding.

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Join Team D’Arcangelo in the Relay for Life

May 10

Posted by rkleban in D'Arcangelo | No Comments

The Relay for Life is coming up. We’re asking everyone to please consider joining Team D’Arcangelo as we help the American Cancer Society in its national signature event. There will be plenty of fun for the entire family June 4-5 at the Dutchess County Fairgrounds in Rhinebeck.

The Relay for Life is the national signature activity of the American Cancer Society. During the event, one team member is required to be on the track at all times. The Relay inspires, entertains and touches the hearts of all who participate. Team D’Arcangelo walks in honor of the millions of Americans who have survived cancer and most importantly to support the continued fight against the disease.

We are asking once again for your support. Log on to our website here and click on the Relay for Life button to donate by using your credit card. Every dollar you donate makes a real difference to people whose lives are touched by cancer. Team D’Arcangelo is committed as a team to take a leadership role in the fight against cancer.

Thank you in advance for your generosity. 

The Partners and Staff of D’Arcangelo & Co., LLP

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