SUBSTANTIATION REQUIREMENTS
This article will focus on two of the more commonly contested deductions; automobile expense and meals and entertainment deductions. …
2015 TAX EXTENDERS LAW
On December 18, 2015 the President signed the 2015 tax extenders bill in to law. While this law once again…
TELEPHONE AND EMAIL SCAMS AND THE IRS – WHAT YOU SHOULD KNOW
Over the past few years there have been an increasing number of both telephone and email scams targeting taxpayers and…
DO YOU HAVE A BUSINESS OR A HOBBY?
As many taxpayers look for additional streams of income to either supplement their current earnings or to change careers and…
CHOOSING AN ACCOUNTANT
Many people have a fear of April 15th because they do not understand their tax return or how to make…
SELF EMPLOYMENT TAX
With the number of self employed people growing each year one question that almost all ask me concerns self employment…
HOW TO DEDUCT CHARITABLE CONTRIBUTIONS ON YOUR INCOME TAX RETURN
Many times I am asked how a taxpayer can deduct charitable contributions on their returns. The questions often refer to…
HOW TO DEDUCT MEALS AND ENTERTAINMENT ON YOUR INCOME TAX RETURN
Many times I am asked how a taxpayer can deduct meals and entertainment on his/her tax return. While it is…
POST TAX SEASON PLANNING
Now that tax season is over I believe it is time to address your 2015 income taxes based on the…
TAXATION OF ALIMONY AND CHILD SUPPORT
In today’s environment of divorce rate in excess of 50% coupled with harsh economic times, alimony and child support payments…