Author Archives: admin

2011 Filing Reminder for Tax-Exempts

Posted on April 25, 2012 by admin

Filing reminder for tax-exempts Tax-exempt organizations are required to file annual reports with the IRS. Those with gross receipts below $50,000 can file an E-postcard rather than a longer version of Form 990. The deadline for nonprofit filings is the … Continue reading →

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Avoid Identity Theft Online

Posted on April 25, 2012 by admin

To avoid identity theft, think before you click The e-mail from your bank gets your attention right away. It says you need to log into your account in the next 48 hours to continue your online privileges. Something about a … Continue reading →

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2013 Tax Changes

Posted on April 25, 2012 by admin

Tax Alert: Plan now for changes coming in 2013 What’s the summertime forecast? From a tax perspective, the outlook calls for planning now to prepare for changes gathering on the horizon – specifically, provisions currently expected to take effect in … Continue reading →

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Is your small business overlooking this tax credit?

Posted on March 14, 2012 by admin

Health care legislation passed in 2010 included a tax credit for small businesses that provide health care coverage for their employees. Recent surveys have shown that the majority of small companies that might qualify for the credit have failed to … Continue reading →

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6 Tips on a Tax Credit for Retirement Savings

Posted on March 14, 2012 by admin

If you make eligible contributions to an employer-sponsored retirement plan or to an individual retirement arrangement, you may be eligible for a tax credit, depending on your age and income.  Here are six things the IRS wants you to know … Continue reading →

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Independent Contractor or Employee Taxes

Posted on March 14, 2012 by admin

For federal tax purpose, this is an important distinction.  Worker classification affects how you pay your federal income tax, social security and Medicare taxes, and how you file your tax return.  Classification affects your eligibility for employer social security and … Continue reading →

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Important Tax Dates in March

Posted on March 13, 2012 by admin

March 1 – Call Sue for an appointment OR drop off your taxes today. March 1 – Farmers and fishermen who did not make 2011 estimated tax payments must file 2011 tax returns and pay taxes in full. March 15 … Continue reading →

Posted in IRS News Tips, Small Business, Tax Prep, Tax Tips | Comments Off

Early Distribution from Retirement Plans

Posted on February 22, 2012 by admin

IRS Tax Tips February 21, 2012 Useful Links: IRS.gov Home 1040 Central Help For Hurricane Victims News Essentials What's Hot News Releases IRS – The Basics IRS Guidance Media Contacts Facts & Figures Problem Alerts Around The Nation e-News Subscriptions … Continue reading →

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Put your tax and financial house in order

Posted on February 19, 2012 by admin

The only way to achieve financial security is to monitor your tax and financial affairs throughout the year. And what better way to kick off the new year than to tidy up your financial and tax house. Here are some … Continue reading →

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Adjusted Tax Numbers – 2012 Tax Planning

Posted on February 16, 2012 by admin

Use adjusted tax numbers for your 2012 tax planning Each your the IRS adjusts certain tax numbers for inflation adn tax law changes.  Here are some of the adjusted numbers you'll need for your 2012 tx planning. Standard mileage rate … Continue reading →

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