by | Apr 21, 2011 | Current Affairs, Income Taxes, Personal financial planning
The following is an article from The Tax Strategist newsletter that does a very good job of explaining the advantages of donations straight from an IRA. Contact me if you think this is something that might help you. Charitable-minded retirees have another chance to do...
by | Apr 20, 2011 | Current Affairs, Sales & Marketing
Coupons are a big craze right now with shows like Extreme Couponing and customers looking for any way to save a buck. If you have the ability to create a coupon offering savings on your products or services now is the time to do it. Coupons are great because they give...
by | Apr 5, 2011 | Accounting & Bookkeeping, Books, Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Current Affairs, Income Taxes, QuickBooks, Small Business Owners, Surviving an IRS Audit Series, Tax Tip of The Week
Here are twelve hot spots on your return that can raise the chances of scrutiny by the IRS. By Joy Taylor, Assistant Editor, The Kiplinger Tax Letter www.kiplinger.com/links/auditredflags Ever wonder why some tax returns are audited by the IRS while most are ignored?...
by | Apr 4, 2011 | Business Profit & Cash Flow Tips, Current Affairs, Sales & Marketing, Small Business Owners
We all know that things change in a blink of an eye and before we know it, we are left in the dark. I’ve also noticed the older you get, the farther you are from being in the loop. This can be a bad thing if you’re in a business that attracts a younger, tech-savvy...
by | Feb 15, 2011 | Accounting & Bookkeeping, Cost Cutting, Current Affairs, Income Taxes, Tax Tip of The Week, Web/Tech, Weblogs
One of the best websites out there for tax information is the IRS site which is located at www.irs.gov. This is a surprisingly well setup site that has tons of information and resources. One of the best is the IRS Tax Tip. Just click on the link above to get to the...
by | Feb 7, 2011 | Accounting & Bookkeeping, Current Affairs, Income Taxes, Small Business Owners, Tax Tip of The Week
Many S-Corporation owners take little or no salary so they can take out their profits as a dividend, which are not subject to the 15.3% self employment tax. The IRS has stepped up their audit of these plans and has been winning in the courts. In a recent case, a CPA...