Beginning in 2011, taxpayers will no longer be able to make tax deposits (e.g. employment tax, excise tax, corporate income tax) using Form 8109, the Federal Tax deposit Coupon. These deposits must be made using the EFTPS (Electronic Federal Tax … Continue reading
If you are considering converting to a Roth IRA before the end of the year call us today and let us help you by preparing a detailed report to assist in your decision making. Remember conversions done before the end … Continue reading
Posted in Asset Protection, Converting to a Roth IRA, Future Planning, Idea of the Week, Roth IRA
Tagged asset protection, assets, clients, Idea of the Week, money, Roth IRA, Roth IRA Conversion, savings, taxes
Substantiation of certain business expenses is a requirement in order to have proof if ever requested by the IRS. Many independent contractors lose valuable expenses (travel for example) because they do not have the proper documentation to support the expense … Continue reading
Please be aware of emails from EFTPS! There have been many emails sent out appearing to be from EFTPS.gov regarding online tax payments. In reality these emails contain viruses that can harm you computer and compromise sensitive information such as … Continue reading
Take a look at your dividend paying stocks before the end of 2010. Dividend tax rates might be on the rise next year if the Bush tax cuts expire.
Mortgage interest rates are very low at the moment which is a prime time to consider refinancing. Call around today and check with banks in your area. You might be surprised at how much money you can save! EAE
Call your credit card company and ask for a rate reduction. More often then not they will lower the rate just because you called and asked. One phone call can save you quite a bit of money down the road. … Continue reading
CIRCULAR 230 DISCLAIMER: ADVICE, ARTICLES AND COMMENTARY INCLUDED HEREIN DO NOT CONSTITUTE AN OPINION AND ARE NOT INTENDED OR WRITTEN TO BE USED, AND THEY CANNOT BE USED, BY ANY TAXPAYER FOR THE PURPOSE OF AVOIDING PENALTIES THAT MAY BE IMPOSED ON THE TAXPAYER.