Tax Goddess Presents: 007 for a Day!
Who hasn't wanted to be a spy at some point or another? Boys see their first James Bond movie, and they don't want to be like 007 — they want to be 007. Girls learn how Mata Hari put her…
Why Using an Expert for Your Estate Planning (and Taxes!) is the Best Idea
GUEST POST BY LIBBY BANKS As an estate planning attorney, I often get calls from people who've used online trust or will planning software, or gone to a cheap trust mill to put their plan together. When I’m asked about…
3115 Relief! The IRS listened to the CPAs! GOOD for Small Businesses!
The IRS is being awesome today! YAY!!!! For small businesses (assets less than $10mil or av gross revenues less than $10mil) we will not HAVE to file the form 3115! You will have the choice to file this form if…
Government passes regulations making taxes even MORE burdensome!
Did you know! The IRS has implemented a change that will apply to ALL business owners or any other individuals that have property or equipment that has depreciation on it! Did you know that this change will take your CPA…
Changes to Credit Card Processing Requirements – Are you ready?
Guest Post written by: United Processing Advisors Due to the many large credit card hacks targeting large companies, including Target, Staples, and Home Depot, the concern for credit card protection has never been greater. Not only are credit card hacks…
Best way to track your mileage – MileIQ
Do you want to get an accurate record of your mileage so that you can confidently claim the deduction and put money back in your pocket? If the answer is yes, I highly recommend the MileIQ Mobile App. It’s an…
Now that Tax Season is over,…
Why and when should I think about taxes? There are 3 main areas you should be considering during the year that have tax/security impacts on you and most likely the largest expense you have each year (your tax bill!). 1) Take…
Are you “in-Shape”?
Unfortunately for many entrepreneurs we work so hard on the business and in it that we fail to remember ourselves! Without us, often the business would collapse (especially at the start-up stage) - then what would we do!? Here are…
Ignite with CPAs – What an Honor! :)
Shauna Wekherlien, our owner, founder, and head Tax Goddess was given the honor of presenting to a room full of CPAs at this years' Arizona Society of CPAs annual meeting. This was the first event of it's kind across…
WeGrowOurs & the Tax Goddess
Shauna, our Tax Goddess, was invited by WeGrowOurs.com to chat on their amazing podcast (which you can find here). If you've never checked into their site, WeGrowOurs.com are a great resource for being self-sufficient and saving the planet one garden…
5 Strategies to Turn Your Vacation into a Tax Deduction
Hi Everyone, Can you believe that almost half of the year has almost gone by? Summer is here and a lot you may already be planning your vacation. For all of us at Tax Loopholes, we want to make sure…
When is the last time you reviewed your insurance?
Sometimes as business owners we forget how important it is to make sure that all aspects of our business are covered. We get very focused on what we're doing in the day-to-day activities and sometimes forget to look at the…
Did you miss the deadline?
Don't worry! The IRS won't be knocking at your door. Hopefully you filed an extension (federal form 4868) but, if you didn't, don't fret! Here are the steps to take if you didn't file your extension by 4/15/14 @12 midnight:…
Taxmagedon Strikes!
So, you and your spouse combined make over $250,000. Did you get a surprise when you went to file your taxes this year? Did all of a sudden you now owe a TON of extra $? You got hit by…
IRS Has $760 Million for People Who Have Not Filed a 2010 Income Tax Return
Refunds totaling almost $760 million may be waiting for an estimated 918,600 taxpayers who did not file a federal income tax return for 2010, the Internal Revenue Service announced today. However, to collect the money, a return for 2010 must…
