The tax issues related to individuals who telecommute (work from their home for their employer) are complex. This posting addresses the tax issues associated with employees who telecommute, not those … [Read more...] about TELECOMMUTING – MULTI-STATE ISSUES FOR EMPLOYER & EMPLOYEE
INVESTING IN REAL ESTATE – HAVE YOU DONE YOUR DUE DILIGENCE?
Every year we learn that a client or two has invested in rental real estate when sending us his tax information to prepare his personal tax returns. Rather than consulting with his tax professional … [Read more...] about INVESTING IN REAL ESTATE – HAVE YOU DONE YOUR DUE DILIGENCE?
RETIREMENT CRISIS – ARE YOU PREPARED?
If you are using your tax professional only for tax preparation services, you are short-changing yourself. An experienced tax professional is an excellent resource for tax planning strategies and … [Read more...] about RETIREMENT CRISIS – ARE YOU PREPARED?
INSTEAD OF SKYPING WITH YOUR FAMILY & FRIENDS, WHAT DO YOU THINK ABOUT SKYPING WITH THE IRS?
IRS To Make Changes in Correspondence Exam Process The IRS has conducted a comprehensive review of its correspondence exam process and is planning to make several changes, all of which are … [Read more...] about INSTEAD OF SKYPING WITH YOUR FAMILY & FRIENDS, WHAT DO YOU THINK ABOUT SKYPING WITH THE IRS?
A LESSON LEARNED – WHAT YOU NEED TO KNOW WHEN CLAIMING NON-CASH CHARITABLE CONTRIBUTIONS
We can all learn from the mistakes of others. If you work closely with your tax professional and use him/her for tax planning services rather than merely tax preparation services, you would better … [Read more...] about A LESSON LEARNED – WHAT YOU NEED TO KNOW WHEN CLAIMING NON-CASH CHARITABLE CONTRIBUTIONS
PHILADELPHIA NOTICE TO EMPLOYERS
The Philadelphia Department of Revenue (PDOR) had announced that effective January 1, 2015, ALL employers are required to provide notice of the federal Earned Income Tax Credit (EITC) program to all … [Read more...] about PHILADELPHIA NOTICE TO EMPLOYERS
