by | Dec 16, 2009 | Accounting & Bookkeeping, Cost Cutting, Income Taxes, Small Business Owners, Tax Tip of The Week
We all wish we could just take somebody’s word and not have to worry if they are telling the truth or not. But, as we all know, the world does not work like that. If it did, the IRS Auditor would not exist. Their job is basically to check and see if you told the truth...
by | Dec 9, 2009 | Income Taxes, Small Business Owners, Tax Tip of The Week
Several Clients have asked us about the tax incentives for energy savings contained in the economic stimulus law (The American Recovery and Reinvestment Act of 2009). The new law changes may benefit for both individual and business taxpayers. Following is a brief...
by | Nov 25, 2009 | Income Taxes, Personal financial planning, Tax Tip of The Week
The Hope and Lifetime Learning tax credits are great tax savers, but people with high-income can’t take advantage of them because of the phase-out rules. These rules do exactly as they say, phases out your tax credits as your income increases! If your income pushes...
