The IRS has finally realized they do not have enough auditors, which on the surface sounds like a good thing. Here is the bad news;
According to the IRS instructions, you should document the attempts you made to obtain the ID number, mail the 1099, file the 1096 with no
Easily Fixing Depreciation Errors Can Save Thousands in Taxes Depreciation is such a valuable tax deduction because unlike most deductions, it doesn’t cost you a
Ask The Taxman: Are Holiday Office Parties Deductible? Holiday parties are traditionally held for employees, clients or both. The deductible of the expenses for these
Business Use of Home Deduction- Part One of Four- The Basics The Business Use of Home Deduction may be a substantial deduction because it allows
Business Use of Home Deduction- Part Two of Four- Meeting the Requirements The business use of home deduction is often misunderstood as there are very
Business Use of Home Deduction- Part Three of Four – For An Employee The business use of home deduction is often misunderstood and there
Business Use of Home Deduction- Part Four of Four-Calculating the Deduction The business use of home deduction is often misunderstood and there are very specific
IRS Form 8814 “The “Kiddie Tax” unearned income for children and How to Report It. Among the suggestions used by astute tax planners is income
HISTORY OF THE “UNCLE SAM” NICKNAME How did Uncle Sam come about? It goes back to the year 1813. During the war of 1812, a
