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!
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…
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…
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!
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…
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…
So, did the title catch your attention? Our first deadly sin is the sin of sloppy accounting. I know, I know not nearly as exciting as the actual seven deadly sins but what you do, I'm a CPA! So, how…
President Obama signed modified legislation (H.R. 3765) on December 23, 2011, extending the Social Security “payroll tax holiday” through the end of February, 2012. The “payroll tax holiday” reduced the employee portion of the Social Security tax by 2 percent…
Want to know how to write off your next vacation? Watch our VLOG about how to do this legally! :)
Well, maybe forgive isn't the right word, but at least they'll help you create a settlement program! The IRS just released an article about how it will be providing a settlement program for those business owners who have been incorrectly…
Note to all the Quickbooks and Peachtree users out there! The IRS is coming!! I am sure we all have a few skeletons in our closets/files that we really don't want to get out! In order for you to be…
