Taxes Blog Posts

The mortgage interest deduction is still intact for the millions of us that still have mortgages on our homes and use this legitimate deduction to lower our tax liability.  Imagine that one news outlet had the nerve to refer to this deduction as...

The House voted on the budget after all, and they voted up or down, rather than amending the Senate bill. The House voted “Yea” and they did so quite convincingly (257 YEA to 167 NAY). Here’s what the bill does: Income tax The tax cuts...

You do not have to be trapped on the phone waiting for the IRS to resolve your problem. Now you can "get off the phone with the IRS and get on with your life." Starting today, we offer affordable federal tax maintenance to help you meet your fe...

By some accounts, January 1 will bring about changes that go well beyond what was expected to happen when the Mayan Apocalypse rolled through on December 21.  Others feel that both Democrats and Republicans view the impending increase in taxes a...

It may make good drama to play with the tax laws all the way up to the year end but uncertainty as Congress fiddles means that millions of taxpayers don’t know how to plan for next year. Even worse? Their employers don’t know what to do either.

Corporations:  Deposit the third installment of your 2012 estimated tax payment today.  Employers:  If you are a monthly depositor who has incurred payroll for the month of November 2012, your payroll tax depos...

Had to go down to the big city yesterday to file some paper work. We started at Riverside city hall. Walked in and I thought we stepped into the twilight zone had to look around to see what... [[ This is a content summary only. Visit my websit...

What will happen if the country jumps off the fiscal cliff?Experts indicate, nothing immediate to fret over.  In fact, expect delay, delay, delay of any repercussions.Life will go on. NPR--(...) "Yes, taxes technically will go up on Jan. 1.

What will happen if the country jumps off the fiscal cliff?Experts indicate, nothing immediate to fret over.  In fact, expect delay, delay, delay of any repercussions.Life will go on. NPR--(...) "Yes, taxes technically will go up on Jan. 1.

The Spanish government is proposing to abolish a tax that is currently levied on foreign companies owning property in Spain in order to attract more investment from abroad. The tax currently stands at 3pc per annum of the company’s holdings in Spai...

Here's what individuals and families need to know about tax changes for 2012. From personal deductions to tax credits and educational expenses, many of the tax changes relating to individuals remain in effect through 2012 and are the result of tax...

Tax Due Dates for December 2012 December 12Employees who work for tips - If you received $20 or more in tips during November, report them to your employer. You can use Form 4070. December 17Corporations - Deposit the fourth installment o...

With just one month remaining before the VAT on the purchase of a New property in Spain increases from the current 4% to 10% on 1st January 2013, there is still time to benefit and save money. In order to save paying this increase you must complete t...

With all this talk about the “Fiscal Cliff”, the conversation has, predictably, turned into an either/or debate.  It’s spending versus revenue.  One side believes the Federal Government spends too much and to put the house in orde...

There are a number of ways that students can reduce their income tax.  Below are a few things you will want to know about if you are a student in Canada. The Tuition Tax Credit If you have to pay $100 or more for tuition fees, you can claim a tuiti...

According to reports, rapper Nas owes the state of Georgia $1 million in unpaid taxes for the years of 2006, 2007, 2009 and 2010. These accumulated debts has forced the state to file legal documents against the rapper in their effort to collect... [...

Adam Chodorow, a Professor of Law at Arizona State University published a paper titled, “Death and Taxes and Zombies,” which details the significant problems our government will have regarding tax policy once the undead begin trolling the earth,...

Happy Thanksgiving from our family to yours! Our offices will be closed from Wednesday, November 21st through the weekend, coming back to work from our post-turkey comas Monday the 26th. We hope you all enjoy your feasts and family! We kno...

We have all heard a lot recently about the "fiscal cliff" that the government is facing and how it may affect all of us in the pocketbook with potentially new taxes and reduced benefits. While there is not much that  we can do to avert...

Pin It One of the major issues concerning small businesses are taxes. You don’t want to end up like some of the famous people out there such as Nicolas Cage or John Kerry with a whopping tax bill you have to pay off to the IRS. Make sure you kn...