Five Apps to Help You File Your Taxes

Posted by: tgilpin | Posted on: April 5th, 2012 | 0 Comments

 If you have a very simple tax return (1040EZ), check out the link below to a listing of some very helpful apps that will help you:

• track your receipts
• check the status of your refund
• file your tax return with your iPad

For a complex return or any questions you may have, contact a CPA to ensure an accurate and timely filing.  Read More

Tax Strategies for your Portfolio

Posted by: tgilpin | Posted on: December 19th, 2011 | 0 Comments

 During periods of uncertain market conditions, it is important to consider other ways to increase your portfolio's value. Refer to our newsletter's latest article for some key tax considerations to keep in mind when making changes to your investment strategy.  Read More

New Law Expands Credit for Hiring Military Workers

Posted by: tgilpin | Posted on: November 30th, 2011 | 0 Comments

Congress just passed a new law that provides tax credits for employers that hire veterans. The Vow to Hire Heroes Act gives an increased tax credit to employers hiring vets with service-related disabilities. This article explains the details of the Heroes Act.  Read More

Tax-Saving Depreciation Moves for Businesses Before December 31

Posted by: tgilpin | Posted on: October 31st, 2011 | 0 Comments

It's not too late. You can still take steps to slash 2011 taxes for your business. If you are buying equipment, computers, software, vehicles, office furniture and more, there are valuable tax breaks available this year that are scheduled to expire or become less attractive next year. There is also a special deduction in 2011 for real property improvements. This article explains what you need to do by December 31 to take advantage. Read More

New IRS Program for Employers to Reclassify Workers

Posted by: admin | Posted on: September 26th, 2011 | 0 Comments

The IRS just announced a new program that will allow businesses to reclassify independent contractors as employees at a relatively low tax cost. This happened shortly after the Labor Department announced a new program to team up with states and other federal agencies to crack down on the misclassification of employees as independent contractors. This article explains the basics of both programs. Read More

Taxes: Beware of the Perils of Poor Recordkeeping

Posted by: admin | Posted on: September 15th, 2011 | 0 Comments

If you fail to keep the proper records, valuable deductions can be lost. In two new Tax Court cases, the taxpayers' records were found to be inadequate or not credible. This article explains why the Court disallowed their deductions, along with information about proper recordkeeping and one way taxpayers are occasionally bailed out when they don't have complete documentation. Read More