We will soon be publishing a book that focuses on helping the small business owner achieve financial success. In this book, we discuss the importance of devoting the necessary time to address the … [Read more...] about FINDING THE TIME TO WORK ON YOUR TAXES
Archives for March 2015
WHAT DOES PA ALLOW AS UNREIMBURSED EMPLOYEE EXPENSES?
On our Sept. 23, 2014 blog posting we addressed how the PA Dept. of Revenue (DOR) is carefully scrutinizing taxpayers who claim unreimbursed employee expenses on Form PA UE-1. The PA DOR released a … [Read more...] about WHAT DOES PA ALLOW AS UNREIMBURSED EMPLOYEE EXPENSES?
HOME OFFICE DEDUCTION – PA 40 INDIVIDUAL TAX CONSIDERATIONS
Before looking at the PA rules, let’s quickly review the federal income tax rules for claiming a home office. If a portion of an apartment or residence is used for business, a taxpayer may be able … [Read more...] about HOME OFFICE DEDUCTION – PA 40 INDIVIDUAL TAX CONSIDERATIONS
WHY I USE A TAX PROFESSIONAL TO DO MY TAXES
It’s tax season again. The office phones ring and the caller’s first question is "How much do you charge to prepare a personal income tax return"? The caller is price-shopping, looking for the lowest … [Read more...] about WHY I USE A TAX PROFESSIONAL TO DO MY TAXES
WHO IS MORE TO BLAME? TURBOTAX, THE IRS, OR CONGRESS?
Because identity theft receives much publicity during the tax season (due to increased levels of actual theft), we posted on Feb. 3, Feb. 10 & Feb. 17 as to how to reduce your risk and steps to … [Read more...] about WHO IS MORE TO BLAME? TURBOTAX, THE IRS, OR CONGRESS?