On March 26, 2013, The IRS released their “Dirty Dozen Tax Scams for 2013”, and Identity Theft is at the top of their list. Our contact at the IRS today stated that they had over 1.5 [...]
As you may be well aware, your 2012 tax return filings may have been delayed this year. I would like to make sure you understand why this delay has taken place.
Effective for tax years beginning in 2013, taxpayers can elect a simplified deduction – Safe Harbor Home Office Deduction – for the business use of the taxpayer’s home.
Welcome 2013! As the new year rolls around, it's always a sure bet that there will be changes to the current tax law and 2013 is no different. From health savings accounts to retirement [...]
As the end of the year approaches, many are looking for ways to reduce their business profits before year’s end. Here are some possible moves that might apply to your situation.
Time is Running Out – Act Now to Minimize What You Owe in 2013. Are you aware that you may be facing a sharp spike in taxes as of January 1, 2013? That could happen because of several [...]
For 2011 and 2012, the estate and gift tax statutes permit cumulative tax-free lifetime transfers and transfers at death totaling $5,000,000 per person. The $5,000,000 “exemption” can be used [...]
