If you dislike having to input your IRS tax financial information on a FAFSA application (Free Application for Federal Student Aid), this task has become considerably easier. There is an IRS Retrieval … [Read more...] about FAFSA – IRS DATA RETRIEVAL TOOL
IRS Tax Planning Ideas, Tips & News
Country Club Dues
Regardless of the legal entity a business uses for reporting its income taxes, business owners eventually ask their CPA the following question: “Can I deduct my golf club dues as a federal income tax … [Read more...] about Country Club Dues
Tax Tips for the Self-Employed
There are many perceived benefits that come from being your own boss. If you work for yourself, as an independent contractor, or you carry on a trade or business as a sole proprietor, you are … [Read more...] about Tax Tips for the Self-Employed
2012 Tax Planning – Maximizing Itemized Deductions
Successful tax planning includes a review of your available deductions and the impact of your filing status on your option to itemize. It is important that all of the technical requirements for your … [Read more...] about 2012 Tax Planning – Maximizing Itemized Deductions
Foreign Bank Account Reporting (FBAR): Are you in compliance?
Are you in compliance with the IRS rules regarding FBAR? The IRS amended the questions on the 2011 Schedule B of Form 1040. The 2011 form not only asks whether the taxpayer has a foreign trust or … [Read more...] about Foreign Bank Account Reporting (FBAR): Are you in compliance?
How To Get Your Hands on $1 Billion
The IRS estimated that it had $1 billion in unclaimed tax refunds waiting for you … [Read more...] about How To Get Your Hands on $1 Billion