IRS Tax Planning Ideas, Tips & News

Many an investor has soured on the continuing declines of the stock market. The Wall Street Journal reported on August 20 how investors can turn their stock losses into gains by using … [Read more...] about Roth Conversions & Recharacterizations – Tax Planning Tips

The IRS estimates that $54 billion of tax revenues are lost annually relating to noncompliance of employment taxes. What is being done to collect this money? The IRS has entered into agreements with … [Read more...] about Independent Contractor vs. Employee

Let’s assume you are an employee or business owner going on a business trip. Wouldn’t it be great if you could combine a mini-vacation with the business trip and write off … [Read more...] about Can You Write Off a Personal Vacation as a Business Trip?

The Tax Court has held that payments made to caregivers for providing physician-ordered assistance and supervision to a patient suffering from dementia qualified … [Read more...] about Payments to caregivers for assisting and supervising dementia patient are deductible medical expenses

We are always looking for ways to increase the functionality and productivity of our website (www.keysolutions.us).  What’s new on our website? We are in the process of increasing the number of … [Read more...] about Financial Calculators

Effective July 1, 2011, the 0.2% federal unemployment tax (FUTA) surtax is no longer in effect … [Read more...] about FUTA Surtax Expires