by | Jan 13, 2011 | Accounting & Bookkeeping, Current Affairs, Income Taxes, Tax Tip of The Week
Payroll Tax Cut to Boost Take-Home Pay for Most Workers Millions of workers will see their take-home pay rise during 2011 because the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 provides a two percentage point payroll tax cut for...
by | Jan 6, 2011 | Accounting & Bookkeeping, Cost Cutting, Current Affairs, Income Taxes, Tax Tip of The Week
The IRS has announced that due to the tax law changes enacted by Congress and signed by President Obama in late December some tax filers will need to wait until mid-to late February to file their tax returns in order to give the IRS time to reprogram its processing...
by | Dec 14, 2010 | Accounting & Bookkeeping, Cash Flow, Cost Cutting, Current Affairs, Income Taxes, Small Business Owners, Tax Tip of The Week
As the year comes to a close, investors can still make some moves that will lower your tax hit. The following is a list of the common moves that investors should consider: Trigger your losses before year-end. Capital losses first offset capital gains. So review your...
by | Nov 18, 2010 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Income Taxes, Small Business Owners, Tax Tip of The Week
Time is running out to lower your income tax liability for 2010. This article presents 9 ideas that business owner’s can consider implementing between now and the end of the year. Remember, after the new-years day celebration 2010 is history and it’s too late to do...
by | Nov 12, 2010 | Cost Cutting, Income Taxes, Tax Tip of The Week
It's difficult to formulate a year-end plan in the current political environment. Nevertheless, following are seven sensible tax strategies for individual taxpayers in 2010. Caution: Tax rates are scheduled to go up next year, so consider the long-term...
by | Oct 29, 2010 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Current Affairs, Income Taxes, Personal financial planning, Small Business Owners, Tax Tip of The Week
“You owe $25,000 in taxes!!!” Is the last thing you want to hear your accountant say on April 15th. With new tax law changes and failing to plan, your tax bill can easily equal $25,000 or more!! Tax planning is the best way to avoid steep tax bills and heart stopping...
