Tax breaks are available for disaster victims
When natural disasters occur, they often leave many people with severely damaged or destroyed homes and businesses. Some lose everything they own. If you are [...]
Do a year-end business review
Business owners and managers spend most of their time monitoring operations and dealing with everyday problems. But just as an annual checkup from your physician [...]
Get organized for 1099 filing
January is always a busy month for companies. You're trying to get business off to a good start in the new year, you're trying to [...]
What’s ahead? Tax changes scheduled for 2013
Unless Congress acts by year-end, these are the changes you'll see in the tax rules effective January 1, 2013. SOCIAL SECURITY TAXES. Employee's share will [...]
Beware of tax scams
It's likely to be a daily occurrence: Your e-mail inbox contains at least one message touting a too-good-to-be-true offer. You probably shake your head and [...]
Decide when to pay tax on U.S. savings bonds
When you own Series EE or Series I savings bonds, you have a tax decision to make. Both types of bonds earn interest monthly. Usually, [...]
The alternative minimum tax: Will it affect you?
In your tax planning, don't overlook how your tax-saving strategies might be affected by the alternative minimum tax. What is the alternative minimum tax? Enacted [...]
Forgiven debt can be taxed as income
With the recent economic downturn experienced by many taxpayers, there is a tax concept that is very important: cancellation of debt. You would think that [...]
Is all my income taxable?
Generally, all sources of income are subject to income tax unless specifically excluded. Here are some sources of money that are not taxable: Money received [...]
Final filing deadline on October 15
Tick-tock. Time is almost up on that six-month extension you filed back in April to give yourself more time to complete your 2011 individual income [...]
