Article Highlights: Employee Business Expenses Miscellaneous Itemized Deductions Subject to the 2% AGI Floor Accountable Reimbursement Plan Occupations Impacted Not all provisions of the Tax
Article Highlights: Conversion Timing Why Convert? When to Convert? Issues to Consider Before Making the Decisio Roth IRA accounts provide the benefits of tax-free accumulation
Equipment Purchases:Record separately items having a useful life of more than one year. Normally, the costs of such assets are recovered differently on your tax
Article Highlights: Home Office Qualifications Actual-Expense Method Simplified Method Income Limitation Employee Deduction “Home office” is a type of tax deduction that applies to the
Your Chartitable Gifts Make a Difference for Others and for Your Taxes When you give away cash or goods to qualified nonprofit organizations, you will
Article Highlight: Prior Law New Law Earned Income Unearned Income Fiduciary Rates Strategies Years ago, to prevent parents from transferring their investment accounts into their
Article Highlights: Confirm the Letter Was Not Sent in Error Examine the Contents Avoid Procrastination, Which Leads to Bigger Problems Send Any Payments Consider Change-of-Address
Your IRA Contribution Options For over 40 years, individuals have been able to set up personal retirement plans called individual retirement accounts (IRAs). Nearly everyone
Don’t be a Scam Victim Thieves use taxpayers’ natural fear of the IRS and other government entities to ply their scams, including e-mail and phone scams,
Federal tax laws allow each individual taxpayer to exclude up to $250,000 of gain from the sale of his/her main home, if he/she meets certain
