BIG changes for those reporting captial gains or losses on their tax returns this year. It is going to be a bit more complicated than ever before.
BIG changes for those reporting captial gains or losses on their tax returns this year. It is going to be a bit more complicated than ever before.
January 13, 2012 By Leave a Comment
According to the National Taxpayer Advocate’s office, “THE IRS IS NOT ADEQUATELY FUNDED TO SERVE TAXPAYERS AND COLLECT TAXES”.
January 11, 2012 By Leave a Comment
Read the entire story here:
•Ralph Kramden on taxes
December 18, 2011 By Leave a Comment
Ralph Kramden on taxes: http://www.youtube.com/
How to Double Your State Income Tax Without Really Trying
December 16, 2011 By Leave a Comment
This very readable story illustrates the important of timely filing as wellas the importance of knowing and understanding the tax laws of every state who laws may affect your financial transactions. Good reading.
HUMOR – Tax Masters
December 14, 2011 By Leave a Comment
A Loss of Independents?
December 13, 2011 By Leave a Comment
A Loss of Independents?
Regulators have rewritten the rules regarding the use of independent contractors, forcing companies to make hard choices — and possibly pay heavy fines.
As companies make greater use of independent contractors, the Internal Revenue Service is pushing to get many of those self-employed workers reclassified as employees.
For some workers, being an independent contractor offers freedom and a sense of entrepreneurship. For others, it’s simply a fallback position in troubled times. Most employers see plenty of advantages to using independent contractors, and many smaller companies say they depend on them.
READ MORE HERE: http://www3.cfo.com/article/2011/12/tax_irs-independent-contractors-dol-employee-classification-working-capital-liquidity
Presidential Candidate Tax Plan Comparison
December 13, 2011 By Leave a Comment
How do the Repubilcan candidates tax plans compare? Here is a line by line comparison list:
IRS Plans to Ask Congress to Expand Tax Levy Power
December 10, 2011 By Leave a Comment
The Internal Revenue Service is preparing a legislative proposal for Congress to expand its tax levy authority to include additional income sources, such as rental income and non-employee compensation. Read more here: http://www.accountingtoday.com/news/IRS-Plans-Ask-Congress-Expand-Tax-Levy-Power-61067-1.html?ET=webcpa:e2020:234274a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_120811
IRS Announces 2012 Standard Mileage Rates, Most Rates Are the Same as in July
December 10, 2011 By Leave a Comment
http://www.irs.gov/newsroom/article/0,,id=250882,00.html
WASHINGTON — The Internal Revenue Service today issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. For more click on this link:
http://www.irs.gov/newsroom/
