Wouldn’t you, as a Sole Proprietor, like to save money on your tax bill? You can only save money on your taxes if you know what the net income...
READ MORE
Tax Planning Tip: The Cost of Cigarettes – Your money up in smoke!!!
Tax planning? Yes, bear with me for a second! Let’s look at a tax planning tip. Ok, I’m not going to preach about the benefits of...
READ MORE
Did you receive your social security benefit statement for your tax return?
If you receive social security benefits then by the end of January you should receive a statement, Form number SSA-1099, from the Social...
READ MORE
You Gambled and WON – do you have to report the income on your tax return?
The answer is YES!!! No matter whether you go to the casino, the race track or play the slots when you win, the IRS will be holding out its...
READ MORE
Filing your taxes: What you should know if you file your tax return late
IF YOU DON’T OWE TAX The good news is that if you file your federal tax return late and you don’t owe tax with the return you will not owe a...
READ MORE
Want to know an IRS Red Flag to Avoid?
Not reporting all the income that has been reported to the IRS by: Form 1099-MISC if you are a sole proprietor, independent contractor or you...
READ MORE