2013 Tax Planning: 5 Critical Reasons to Act Now
I came across a great article in Accounting Today and wanted to share it! Check this out! It may feel like you’ve just closed the book on the 2012 tax season and planning for 2013 is far off, but the…
Breaking Down the Taxpaying Population: Where Do You Fit In via Employee Financial Boot Camp
Thanks again to Matt Wilson of Employee Financial Boot Camp for compiling and analyzing these IRS stats and helping us to demystify who really pays taxes in the USA! Every quarter, the Statistics of Income Division of the Internal Revenue…
Four Retirement Planning Mistakes to Avoid via Employee Financial Boot Camp
I recently read this article and found it to be a great recap of avoiding common mistakes when planning for your retirement. Hat tip to financial planner Matt Wilson of Employee Financial Boot Camp for these suggestions! Here's what I pulled…
The Top 75 Websites For Your Career via Forbes
According to Forbes, here's a list of the top 75 websites for your career--check this out! From Forbes: Our full list of the Top 75 Websites For Your Career is not a ranking and there are no winners or losers;…
Foreign Account Disclosure Form Relief
Expanded relief is coming for those who are living abroad who owe less than $1500 in US taxes and have not filed their tax forms or their foreign account disclosure forms.
Shrinking Household Debt a Good Sign for 2013 Economy via USA Today
According to an article I read recently in USA Today, many consumers are getting a hold of their household finances. "Consumers' out-of-control debt loads helped spark the recession, but households are rapidly getting their balance sheets back into shape. Overall…
Tax Refund Delay Possible Next Year
The IRS warns that next years refunds may be delayed due to the recent theft of many SSNs from various organizations in the US. Be aware that your refund may be delayed if one of these Tax Fraudsters files a…
What’s a Deductible Employee Expense on my 1040?
Remember that you can only deduct expenses that were not eligible for reimbursement by your employer under this section of your return. If you didn't turn in your expense report on time, there is no deduction!
Five More Tips To Make Your Hobby Tax Deductible
Here's some tips from Forbes magazine on how to make your favorite hobby tax deductible! Do it full-time. The IRS is more likely to query writing off a “hobby” against income from your regular job. If you work 40 hours a…
Medical Bunching: Tax Tip for End of Year 2012
Medical AGI cap rate is going up to 10%; make sure you get your medical expenses deductible and in the 2012 tax year!
Set a Tax Planning Meeting Today!
An increase in the medicare tax by .9% for wage earners over $200,000 will start in 2013; come in for your tax planning appointment now to offset that tax increase! Watch
The Power of Storytelling in Sales
By Allan Himmelstein A while back I had the opportunity of listening to Harvey MacKay speak. He is the author of 6 books, the most famous of which is “How to Swim with the Sharks”. He is a tremendous motivational…
Tax Tips for Recently Married Tax Payers via IRS
Tax Tips for Recently Married Taxpayers. Notify the U.S. Postal Service - To ensure your mail – including mail from the IRS – is forwarded to your new address. Submit a forwarding request online at www.usps.com or visit your local post office. Notify…
3.8% Tax Increase Coming in 2013 on Unearned Income
For 2013 there will be an increased surtax of 3.8% on any unearned income. Are you ready for this increase? What are you going to do for planning in advance of next year? We can help! Watch this video for…
Tax Exempt Non-Profits See Relief from “Lapse of Status” Issues
The IRS is allowing for some relief of the lapse in exempt status for non-profits if they apply before 12/31/12. If you need help, don't hesitate to contact me! TaxGoddess.com