In some mergers, part of the consideration is provided in the form of cash. This is the case with the Huntington/FirstMerit merger which is expected to be completed in the third quarter of 2016. FirstMerit shareholders are to receive 1.72 shares of Huntington common stock and $5 in cash for each share that they own.. read more →

I have the pleasure of writing this weeks Social Security blogs and sharing information on WEP and GPO.  WEP (Windfall Elimination Priovision) and GPO (Government Pension Offset) both affect your Social Security.  Here are some details: The Windfall Elimination Provision reduces benefits for people who qualify for both Social Security and a government pension. A worker’s.. read more →

Did you know that Schlabig & Associates has a National Social Security Advisors (NSSA) on staff?  Tom Hager at our Kent, Ohio office is a certified advisor in this area.  In fact – Tom Hager was the 2014 NSSA Advisor of the Year! Social Security planning should be an integral piece of your retirement planning. Over the.. read more →

I get this question a lot. What will my benefits be when my husband passes away? When one spouse dies, the other can collect Social Security survivor benefits. So spousal benefits (if being collected) now become survivor benefits. This is applicable for either spouse, but let’s take a look at John and Cheryl: The amount.. read more →

New rules which eliminate restrictions on claiming the Credit for Increasing Research Activities (R&D Credit) on amended returns could mean tax savings for many individuals and businesses (TD 9666). On June 2, 2014 the IRS amended the Regulations to remove a restriction that prevented taxpayers from making an election to use the Alternative Simplified Credit.. read more →