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While managing expenses is extremely important in this economy, it’s also critical to look at the other factor in the profitability equation – increasing revenues. Revenues drive your business, and your products and services drive your revenues. Read more »
In a recent Tax Court case about a charitable contribution deduction for a conservation easement, the IRS challenged the taxpayers’ valuation and assessed an accuracy-related penalty. Read more »
Employers will have more time to file the required certification form for employees hired on or after Nov. 22, 2011, and before May 22, 2012. Read more »
The Treasury Department and the IRS have issued proposed regulations for implementing the next major phase of the Foreign Account Tax Compliance Act. Read more »
You love your children. You’d fling yourself in front of a speeding locomotive to protect them. Read more »
Last week President Obama released his federal budget proposals for fiscal year 2013. Read more »
You have plenty of reasons to speed up the process of filing your individual tax return. The primary reason has always been that, if you’re expecting a refund, you shouldn’t wait any longer than necessary to receive it.
Add identity theft to your reasoning this year. Read more »
Because of inflation, personal exemptions and standard deductions will rise, and tax brackets will widen, for tax year 2012.
Three Internal Revenue Service online search sites that show the federal tax status of tax exempt organizations have been consolidated into one site by the IRS. Read more »
Most Americans are well aware that our founding fathers were not too keen on the taxing policies of the British government. Read more »
