Does Your Mileage Log Travel the Distance?
The tax code allows deductions for qualified miles driven for business, medical, moving and charitable purposes. But to claim this deduction you must keep adequate
July 1, 2013
So You’re Thinking about Starting a Business?
Tax complexities can be confusing. Creating and running a small business in America can be a lot of hard work. It can also be rewarding.
June 19, 2013
Beware IRS Phishing Scams
Each year the IRS publishes the top dozen tax scams it encounters over the prior year. One of them that makes an all too common
May 28, 2013
2014 Health Savings Account Limits Announced
The savings limits for the ever-popular Health Savings Accounts (HSA) are now set for 2014. The new limits are outlined here with current year amounts
May 20, 2013
Triple Tax: aka The Lottery
Most everyone enjoys dreaming of winning it big in the lottery. News media outlets publicize the large unclaimed pots of money on the evening
May 14, 2013
Post tax filing record retention
Toss This. Not That With a sigh you are relieved that yet another tax return has been sent off to the government. Another 12 months
May 7, 2013
Audit Target: The Sole Proprietor
Are you prepared? Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of
April 22, 2013
Don’t Forget Your Estimated Payment
The tax filing deadline is upon us. The sense of relief that another 1040 form is filed is like lifting a weight from your shoulders.
April 13, 2013
Is Being Effective Better Than Being Marginal?
Understanding the difference between these two tax rates. The tax code is filled with terms we rarely use in everyday conversation. Two of the more
March 18, 2013
Often Overlooked Medical Expense Deductions
Avoid taking the easy way out. To take your medical expense deduction in 2012 your allowable expenses must exceed 7.5% of your Adjusted Gross Income
March 11, 2013
