ObamaCare is here and like it or not, we all have to deal with it. ObamaCare Mitigation is a process that will find the best ways to save money and […]
tax
Tax changes you should be aware of for 2013
I have been getting lots of questions about the new tax implications of the last minute tax changes that were signed into law on January 2nd.The American Taxpayer Relief Act […]
Tax Armageddon, Fiscal Cliff – What does it mean for me
We have all been hearing about the Fiscal Cliff and Tax Armageddon but what does it really mean? Fiscal cliff usually refers to the no-return point when the country will […]
Foreign tax credits – does it make since to award people to not live in our country
My friend Diane Kennedy posted on Facebook this morning an interesting observation. “Normally, American citizens are taxed on worldwide income. But if you’re out of the country for 330 of […]
Help! I Got A Letter From The IRS!
It seems that just as tax season is winding down the IRS letters start ramping up. The reason is simple; they are about two years behind or so, and those […]
Heath Care reform – declared to be legal because it is a tax?
It is a sad day for America. The Supreme Court upheld the Health Care Reform Act (better known as ObamaCare) today. The decision came down in a 5 to 4 […]
When is my child no longer a dependent?
It use to be cut and dry that, when your child got married, graduated from college, joined the Army or in general, moved out of your home they were no […]
To Extend or not to Extend?
This time of year, I often get panicked phone calls. These calls are mostly due to not having the correct information gathered together to have their taxes prepared on time. […]
Can I deduct my dog on my business taxes?
I am often amazed at some of the ideas that are propagated by people who claim to be tax professionals. One of the most amazing I have ever seen is […]
Welcome to our new blog
Welcome to our newest endevor to keep you up to date on the newest tax changes, business ideas and even fun facts. Please post your comments questions and suggestions. We […]