News / General Business

Compressed Deadlines And Higher Penalties For Forms 1099 And W-2

Source: forbes.com - Nov 15, 2016

Have you been lax in the past about issuing 1099s, realizing the IRS rarely, if ever, penalized you for sending them in late? That permissive view of 1099 and W-2 filing is over. Making matters... Read more >

Category: General Business

Tax Preparedness Series: Special Tax Breaks for U. S. Armed Forces

Source: irs.gov - Nov 14, 2016

Note to Editor: This is the first in a series of reminders to help taxpayers prepare for the upcoming tax filing season. IR-2016-147, Nov. 10, 2016 WASHINGTON – As tax filing season approaches,... Read more >

Category: General Business

Trump Tax Plan Could Impact 2016 Year-End Planning

Source: forbes.com - Nov 14, 2016

Donald Trump’s surprise victory first rattled markets, then invigorated them. It triggered protests, and in some circles, is even fueling a “CalExit” movement for California to break away... Read more >

Category: General Business

13 IRS Tax Rules Trump Tax Plan Won't Change

Source: forbes.com - Nov 14, 2016

With Republican control of the House and Senate, President-elect Trump and Congress might tell the tax code, “you’re fired!” And as big as the coming tax changes might be, it’s worth noting... Read more >

Category: General Business

Don’t Freak Out About the Markets Today. Do This Instead.

Source: time.com - Nov 11, 2016

How to prepare your financial future for President Trump. If you’re dismayed by the impending arrival of a President Trump, you may be tempted to vote a second time in the next few days — with... Read more >

Category: General Business

Small-business owners need to make these tax moves now

Source: marketwatch.com - Nov 11, 2016

You still have time to significantly reduce your 2016 business income tax bill. Here’s a digest of the best year-end tax-saving moves to consider. Buy a heavy SUV, pickup or van Big SUVs,... Read more >

Category: General Business

Smart Year-End Tax Moves to Limit Your 2016 Tax Bill

Source: nasdaq.com - Nov 11, 2016

This is the time of year when many of us take stock of our lives, and it's not a bad idea to apply that same introspection to your investment portfolio. The stock market has been surprisingly... Read more >

Category: General Business

Are There Special Tax Breaks for Retirees?

Source: fool.com - Nov 11, 2016

Many retirees experience a drop in income when they stop working and start living off savings and Social Security. Thankfully, there are a number of special tax breaks available to seniors. Retiree... Read more >

Category: General Business

ake Advantage of Business Equipment Tax Incentives for 2016

Source: accountingweb.com - Nov 11, 2016

Do you need to replace outmoded or worn-down equipment used in your small business? Thanks to the Protecting Americans from Tax Hikes (PATH) Act, which was signed into law late last year, you may... Read more >

Category: General Business

Voters approved these state tax increases

Source: cnbc.com - Nov 10, 2016

While President-elect Donald Trump has proposed the biggest tax cuts since Ronald Reagan, voters in several states approved tax increases on Tuesday. The largest potential state tax hikes came in... Read more >

Category: General Business

Huge drop in reports of IRS scam since raid in India

Source: brushnewstribune.com - Nov 10, 2016

The top scam reported to the Better Business Bureau is the tax scam (also known as the IRS scam), which has accounted for about one in four reports to BBB Scam Tracker during its first year of... Read more >

Category: General Business

Louisiana constitutional amendments decided

Source: katc.com - Nov 9, 2016

Here is a look at what amendments passed and failed. Voters approved new qualifications for registrars of voters. Now the, registrars would have to meet one of four qualifications to get the... Read more >

Category: General Business

What President Trump means for your pocketbook

Source: money.cnn.com - Nov 9, 2016

Donald Trump scored a huge win on Election Night. As Trump predicted, Americans were fed up with politics as usual and voted for something completely different. In addition to vows to shake up... Read more >

Category: General Business

President Trump: What Does It Mean For Your Tax Bill?

Source: forbes.com - Nov 9, 2016

Donal… You’re sure? Donald Tru… You’re absolutely sure? Donald Trump was el… You’re sure you’re sure? OK, if you say so. Here goes…. Donald Trump was elected the 45th... Read more >

Category: General Business

How getting married affects your taxes — for better or for worse

Source: marketwatch.com - Nov 8, 2016

When you get married, your tax situation changes. Here are the most important things to know. Married at year-end means married for the whole year Your marital status as of Dec. 31 determines... Read more >

Category: General Business