Is the best defense a good offense? Maybe, and the IRS is still under scrutiny for targeting. Hate The IRS? You’ll Love These Laws. The tax agency is doing some targeting of its own, fingering at least 20,000 small businesses.…
By Charles Green, eHow Contributor You can help your tax preparer by bringing the required information with you. If you plan to have an accountant or tax preparing professional handle your taxes this year, you need to bring with you…
I had a dream of writing this blog on December 31st. Below is how I was going to rant: It is sad news that today is December 31 and we still do not have a resolution to this fiscal cliff…
IRS Special Edition Tax Tip 2012-14 Employers planning to claim an expanded tax credit for hiring certain veterans should act soon, according to the IRS. Many businesses may qualify to receive thousands of dollars through the Work Opportunity Tax Credit,…
Washington, D.C. (December 13, 2012) By Daniel Hood The Internal Revenue Service has given businesses an extra year to make sure they are compliant with new rules on how to treat service charges. The rules were released in Revenue Ruling…
Seven End-of-Year Payroll Tips for Small Business Owners via Fox Business By Bonnie Lee, Fox Business The holiday season is upon us and now is the time for small business owners to finalize their year-end tax planning. There are ways…
I found this post by Michael Cohn on Accounting Today to be useful for various income situations I run across in our practice. Check out his detailed information on how folks in lower tax brackets can save for retirement. By…
By Mark E Battersby, Costco Connection Magazine, Originally printed in the December 2012 edition Click here to read! Thanks to today's tough economy, more and more people are people are using their hobbies and other enjoyable pursuits to generate badly…
Managing your Arizona properties from another state? What you need to know to avoid fines! Over the last two years we have seen a flood of investors that have re-entered the Phoenix metro market taking advantage of great homes at…
The election is over--now what? Here's some tips by By Katherine Fredette as posted on Seacoast Online for getting your own financial house in order by year end. Tip 1: Participating in an employer's retirement plan, or contributing to your own IRA,…
I really enjoyed these tips from accounting firm Blum & Shapiro on Accounting Today! Read the Full article here! 1. The 2013 Tax Season Is Closer than You Think Industry experts generally agree that proper tax planning takes an average…
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…
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…
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.
Medical AGI cap rate is going up to 10%; make sure you get your medical expenses deductible and in the 2012 tax year!
