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 for 2010 were 7.4%. This meant 7 out of 100 tax returns were picked for audit. At the recommendation of the Treasury Department the IRS is updating their [Read More]

New 2012 Mileage Rates

The IRS posted Notice 2012-1 announcing the 2012 standard mileage rate for business miles, charitable miles, medical miles and moving miles.  Details below! 2012 Mileage Rates (Notice 2012-1) Business Miles: 55.5 cents per business mile Charitable Miles: .14 cents per [Read More]

Making Work Pay Tax Credit

Yes, we are back, rested and ready to hit the road running after a little break over the Holiday season! To start off the new 2010 tax year, I wanted to cover a topic that will affect most taxpayers in a positive way , the “Making Work Pay Tax Credit”. This tax credit [Read More]

Finding the Right Accountant to Help Build Your Business

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You know you need an accountant to help you figure out your financials and you’re worried about the looming possibility of being hit with a big tax bill in the spring. The problem is, you’ve heard horror stories from friends and family about awful accountants. So now [Read More]

Tax Day – Gone Today But Not Forever

So today is Tax Day and as the final return is filed, the last client steps out the door and we all sit back to congratulate ourselves on a job well done, it is also the day we launch our new Blog! Because we are a progressive accounting firm that believes in utilizing the [Read More]