Category Archives: Tax Tips

Early Distribution from Retirement Plans

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

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

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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Tax Deadlines Feb 2012

Today – make an appointment with Sue for your tax return Feb 15  -  Deadline for providing 2011 Forms 1099-B and 1099-S to recipients Feb 28 -  Payers must file 2011 information returns (such as 1099s) with the IRS (Electronic … Continue reading

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Identity Theft – IRS Tips

IRS Tax Tips January 17, 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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IRS Expands Innocent Souse Relief

IRS expands innocent spouse relief If you file a joint income tax return with your spouse, you are considered “jointly and severally” liable for the payment of all taxes owed. The IRS can come after either you or your spouse … Continue reading

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2011 Deal Reached on Payroll Tax Cut

Last-minute 2011 deal reached on payroll tax cut On December 23, 2011, Congress finally approved a two-month extension of the payroll tax cut for American workers. The agreement was reached after weeks of partisan bickering. Though both Democrats and Republicans … Continue reading

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