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!
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! www.TaxGoddess.com Learn more: click the "play" button below!
Quick and Easy Ways to Detour Identity Theft
By Guest Blogger, Sheri Nordstrom-Scott of Pelleton Capital Management Contact her for more info at 480-513-1830 Here's some easy ways to help in detouring identity theft! 1) Consider signing up for a credit monitoring service. One example is Life Lock,…
Special W-2 Reporting Situations
Employers offering use of a company auto to employees must report fair market value of personal use as a non-cash fringe benefit on the employees’ W-2, this includes officers of S-Corporations. Officers of S-Corporations are required to add the amount…
Reminder: Summer is a great time to prepare for year end employee and contractor reporting!
It’s 110 in the valley, and it’s a great time to make sure that you have all the correct forms on file for issuing 1099s and W-2s at the end of the year. The IRS requires 1099’s to be issued…
IRS Extends Employer Provided Health Insurance Tax Credit and Offers Relief On New W-2 Requirements for Small Businesses
The IRS has extended the tax credit for small businesses paying 50% or more of their employees’ health care premium. For 2012 & 2013, the IRS is offering a credit of 35% of the premiums paid by the employer. This…
50 year financial planning tool
Just came a cross a great article on Budgets Are Sexy.com recapping Money Magazine's thoughts on how we can stay on track with our financial plan at every age. Here's their thoughts: "Here’s how Money Mag thinks we can stay on track:…
IRS Offers Penalty Relief Through Fresh Start Initiative
IRS Offers New Penalty Relief and Expanded Installment Agreements to Taxpayers under Expanded Fresh Start Initiative WASHINGTON — The Internal Revenue Service today announced a major expansion of its “Fresh Start” initiative to help struggling taxpayers by taking steps to…
Seven deadly small business sins #7
You spend all this money creating a business, growing the business, investing in the business, investing your people, everything down to even buying the staplers. How have you actually branded your business? Poor branding is one of the most negative…
Seven deadly small business sins #6
Have you ever had the scenario where you expected something to go one way, but then it when a completely different way? This is what is considered lack of controls and the company. Lack of controls can cause serious damage…
Seven deadly small business sins #5
Lack of standards. Many times, when you open a business, you are so busy just working on getting that would you out the door that you forget what it's like to be the customer. You forget what it is…
