- 31May
Do You Have a Financial Interest in or Signature Authority over a Foreign Financial Account? Better Read This!
Every U.S. person who has a financial interest in or signature or other authority over any foreign financial accounts (including bank, securities and other types of…
0 comments Read more26MaySmall Business Expenses 101
For small business owners, tax breaks often come in the form of tax deductions – which can offer a nice little instant cash savings – if…
0 comments Read more23MayIRS Liberalizes Position on Local Lodging
In the past, a business deduction was allowed only for lodging when a taxpayer traveled away from his or her “tax home.” A taxpayer’s tax home…
0 comments Read more17MaySocial Security Administration Launches New Online Tool
If you go back a few years, you may remember that every year, about three months before your birthday, you received an earnings and benefits statement…
16MayWhat to Do If You Receive an IRS Notice
It’s a moment many taxpayers dread. http://www.habawaba.com/?p=3476 A letter arrives from the IRS and it’s not a refund check. But don’t panic; many of these letters…
0 comments Read more11MayForgot Something on Your Tax Return? It’s Not Too Late to Amend the Return
If you discover that you forgot something on your tax return, you can amend that return after it has been filed. The need to amend can…
09MayHow Business Website Expenses Are Deducted
With the explosion of online businesses, one would think that there would be a standard method of deducting the cost of your business website. But some…
0 comments Read more04MayBig Changes Coming for Investors in 2013
2013 will bring some big changes for investors, and none of them for the better. Taxpayers affected by these upcoming changes may wish to consider taking…
03MayRead This before Tossing Old Tax Records
Now that you’ve completed your taxes for 2011, you are probably wondering what old tax records can be discarded. If you are like most taxpayers, you…
01MayAre You an Employee or an Independent Contractor?
The distinction has significant implications for both the employer and the employee. Employers like to treat individuals as independent contractors because they avoid having to match…