One last look at the Individual tax deductions, credits and phase-out. Don’t miss anything before it’s to late. Comprehensive overview of items such as the child tax credit and current standard deductions.
Continue Reading →Are you a sole proprietor? Looking to form an LLC or S corp? How do you know the differences?
Continue Reading →What do you do if your spouse passes away or a family member passes away? How do you inherit the assets or money? How are the taxes filed?
Continue Reading →On Thursday, April 14th, President Obama signed into law the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011.). The 1099 Act repeals the expanded 1099 reporting requirements that were passed in 2010
Continue Reading →Bankruptcy is a common option allowing people with excessive debt to obtain a fresh financial start. Bankruptcy is divided up into two main chapters for consumer. Nobody wants to consider bankruptcy and hopefully you never have to, but a brief summary may provide a general understanding of your options.
Continue Reading →Live Christmas tree growers are abuzz over a tax proposal that would fight back against fake Christmas trees. Can they regain the market share they have enjoyed for .. centuries?
Continue Reading →President Obama has released his latest budget proposal to reduce the federal deficit. Rising tax rates and spending cuts are in America’s future. What does the initial budget proposal mean for the rest of us?
Continue Reading →The IRS may not have tax preparer oversight fully implemented until 2014. Additionally, the Senate has made another move in trying to overturn the new 1099 rules by passing a bill to repeal those requirements.
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