Personal & Business Tax & Accounting Tips from Fredrick James Accounting
Saturday May 19th 2012

What You Should Know

Will YOU Get Audited in 2012?

The probability of being selected by the IRS for a federal income tax audit this year is going up. Overall audit rates [Read More]

Extended Payroll Tax Cut Could Benefit Small Business Owners

We’ve discovered some good news for the savvy small business owner. The IRS has extended a 2011 payroll tax cut [Read More]

IRS Announces a Medical & Moving Mileage Rate Increase for 2011!

The Internal Revenue Service announced an increase in the optional standard mileage rates for the final six months of [Read More]

New Tax Issues

Bush Tax Cuts Set to Expire

Everyone will pay more in taxes if the Bush Tax Cuts are left to expire at the end of 2012. Some changes will be subtle and others will be very dramatic. All of this depends [Read More]

Personal Tax

Top 5 Most Missed Tax Deductions

April 18 is right around the corner. Make sure you’re not missing out on any of these [Read More]

5 Most Overlooked Tax Credits

Taxes, we do our best to make sure that we collect our statements in the mail and put [Read More]

Estate and Gift Tax Provisions under the Tax Relief, Unemployment Insurance Reauthorization, and Job creation Act of 2010

In addition to extending federal unemployment benefits, extending the Bush tax cuts and [Read More]

Self Employment

How To Survive The New 2011 1099 Reporting Requirements for Business

By now most business owners and independent contactors in the US are well aware of the new 1099 reporting requirements that were included in the 2010 Patient Protection and [Read More]

Business Tax

IRS Audits to Hit Small Business Harder in 2012

The Treasury Inspector General for Tax Administration (yes, even the IRS has a big [Read More]

2012 Unemployment Tax Increases Affect Florida Businesses

For 2012 Florida businesses will see tax increases over 2011 in three distinct areas. [Read More]

Extended Payroll Tax Cut Could Benefit Small Business Owners

We’ve discovered some good news for the savvy small business owner. The IRS has [Read More]

Opinion

Are Consumers Losing Their Grasp On Reality In a Virtual Financial World?

Are Consumers Losing Their Grasp On Reality In a Virtual Financial World?

Was the recent Great Recession really brought on by overinflated egos nurtured by the anonymity of the internet? It's hard to come up with another explanation for such wide-spread spending mania that trumped common sense. [Read More]