Posts Tagged ‘tax law’
1099-C & 1099-A: Bad Debts Gone Wild – Part I
The bleak economic environment over the past couple of years has resulted in a wave of credit defaults & foreclosures striking many individuals and small companies. In addition to dealing with stress and damaged credit scores, there is something even more sinister lurking [Read More]
Federal Home Buyer Tax Credit Upgrade Documentation
I suppose everyone in America has heard something concerning the Home Buyer tax credit by now. However, hearing about any new tax laws does not generally translate into understanding it. Well…Surprise!! Congress is not known for writing tax (or any) laws in a [Read More]
New to Self-Employment Business Orientation: How to Avoid Tax Problems & Pave the Way to Success
Today people have more choices than ever before when it comes to making a living. Even those who keep their regular full time positions as employees are taking on side work as independent contractors and some are choosing to make the leap to full time self employment or [Read More]
Its Here & There Is No Escape: Business Tax Return Deadline Sept. 15
I hate to be the bearer of bad news, but the time for putting off your business tax return is over. But, of course, you’ve already turned in your paperwork to your Accounting professional and you’re all set to go because you know corporate and partnership tax returns [Read More]
Starting Your Own Business: Choosing Your (Tax) Words Carefully
“Small businesses create most of the nation’s new jobs, employ about half of the nation’s private sector work force, and provide half of the nation’s nonfarm, private real gross domestic product (GDP), as well a s a significant share of innovations.” -SBA 2008 [Read More]
So You Thought Your Home Foreclosure Was the End of Your Troubles, Huh? ( Part 1)
With unemployment rates Nationwide reaching 9.7% in June 2009, and here in Tampa bay area topping the charts this month at 10.4%, in combination with a dismal housing market many homeowners are facing the grim reality of being stuck between the proverbial rock and a hard [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]