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The Pinocchio Returns – Lies or Bad Bookkeeping
Let me tell you about a hypothetical couple - Mr. & Mrs. Pinocchio Every so often I will have a new client or two who arrive in my office and they instantly sound the “seems a little shady to me” alarm. You think they must be lying because their mouth is moving and their nose is growing...
2008 Money Facts- New Minimum Wage, Tax Rates, Etc
What you don’t know about your money can hurt you. This includes changes in wages, tax rates, exemptions and deductions. This also includes not knowing how to handle your money and/or your paperwork related to your money...
Will I Owe Taxes If I Sell My Personal Residence
In slumping real estate markets it may seem that there are no homes selling at gains but in reality some people are still making money on the sale of their personal residences. This prompts the question of whether that gain is taxable for income tax purposes. Let’s take a look at that query...
Foreclosures and Mortgage Workouts and Taxes
It is a sad but true fact that many people are experiencing severe hardship now and some are unable to keep their homes. There is a new tax provision under the Mortgage Forgiveness Debt Relief Act of 2007 that offers tax relief in some of these instances...
Economic Stimulus Act of 2008 Business Provisions
With all the hype over the Economic Stimulus Rebates for individuals the business provisions have been somewhat over-shadowed. There are two provisions that are beneficial to businesses...
Extended Due Date Change On Some Business Returns
The IRS is reducing the extension time from six months to five months on some business returns to correct a timing issue on returns that generate Schedule K-1 and other flow through statements that individuals need to complete there personal returns to "Reduce Tax Burden on America’s Taxpayers".
IRS Increases Standard Mileage Rate - July-Dec 08
I just received an email hot off the IRS Newswire related to a topic that we hear about every day now in the news, and on Everywhere Street, in Everywhere, USA – soaring gas prices. The IRS is increasing the standard mileage rate for business, medical and moving miles for July through Dec of 2008.
American Holidays, Taxes, Tea and the 4th of July
Americans have been protesting taxes from the beginning of American history. Oddly enough the Boston Tea Party was held because of the removal of a tax, the Tea Tax. What do tea and taxes have to do with the 4th of July Holiday and Fireworks - the pretty thunder in the sky. Read on for my answer!
Thoughts on Father’s Day Giants, Taxes, Sports…
Fathers are Giants in the eyes of their families. At the gatherings on Father’s Day to honor all of the Giants, undoubtedly, there will be many political discussions, tax discussions, economic discussions, and war related discussions amid the festivities to honor our Fathers.
Tales of Taxes & Love Ebook - The Original Player
A Tale of Taxes & Love - Prince Charming The Original Player is a light hearted look at Taxes & Love presented as a fairytale Ebook by Kate Woods with "Is He A Player Checklist" and Not A Harp Don´t Play Me Poem. I invite you to Read, Live and Learn while searching for your Happily Ever After!
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