by Candy | Apr 7, 2017 | Featured, Taxes
No one wants to fight with the IRS especially when it comes to tax audits. You can find out some simple ways to reduce your risk of being audited in this article from Forbes.com. 1. Be Reasonable. Do not be afraid to take deductions and losses to which you are...
by Candy | Mar 24, 2017 | Business, Featured, Taxes
Lots of people are curious about the IRS-Approved shortcut for business driving and if the shortcut should be taken or not. This article from Accountingweb.com could help you decide. The IRS imposes strict record-keeping requirements for taxpayers who use their...
by Candy | Mar 21, 2017 | Taxes
Are you wondering what type of taxes you should deduct on your federal income tax return? I recently saw a blog by Ken Berry on accoutningweb.com, and thought I’d share the information with you. Here is what he had to say: It’s a given that you can deduct state...
by Candy | Mar 17, 2017 | Business, Taxes
This week I read this interesting article written by Ken Berry on Accountingweb.com. He discussed 5 key tax issues that business leaders might have to deal with in 2017. His information is located below. In the new year, companies are looking ahead to make the tax...
by Candy | Mar 7, 2017 | Featured, Taxes
Recently I read an article in the CPA Practice Advisor written by Isaac O’Bannon discussing the fact that the IRS is not going to enforce the ACA mandate that individuals have medical insurance coverage all 12 months of the year. Individuals will no longer be...
by Candy | Mar 3, 2017 | Featured, Taxes
Every year the IRS put publishes what it calls the Dirty Dozen. These are schemes people have used to try to get out of paying taxes. This year the list includes: Hiding Cash in offshore accounts: People put money in foreign accounts hoping it won’t be...
