From the September, 2013

The IRS and Same-Sex Marriage

The debate on the definition of “marriage” in our society rages on and tax professionals have been confused as to its impact because how tax return elections applied to the various state and federal […]

Employer Notice Deadline for ObamaCare

If you’re an employer with one or more employees your first deadline under ObamaCare is October 1, 2013. Starting January 1, 2014, individuals, families, and employees of small businesses can access health care coverage […]

What is the Child Tax Credit?

Tax credits offset taxes owed (and may also be refundable) and you should apply for them whenever you can. One of them, The Child Tax Credit, may be worth as much as $1,000 per […]

Tax Tips for Newlyweds

So you and your new spouse recently got married, the wedding and festivities are now behind you and post-wedding life has begun. Here are a few tax tips that will help get your tax […]

How to Get a Transcript or Copy of a Prior Year Tax Return

One of the often made requests to our office is how to get a copy of prior year tax returns and information. In some cases, it’s related to an IRS inquiry or the need […]

Tax Deductible Travel & Charity Work

If you donate your time to charitable organizations, the cost of traveling to do so may provide you with a tax deduction. You’ll have to itemize your deductions when you file your tax return […]

Renting Your Vacation Home and Taxes

If you rent your vacation home, you may be entitled to some tax deductions and there may also be some tax liabilities to be aware of. A vacation home can be a house, apartment, […]

Do I Have To Report My Gambling Winnings and Losses?

Whether you roll the dice, play cards or bet on the ponies, all your winnings are taxable. But your gambling losses may also be deductible. Here are a few things to know about gambling […]

IRS Underreported Business Income Letters – What Now?

They’re at it again. Last year, around this time, the IRS was sending mass mailings to small businesses questioning their accuracy in reporting income. Just like last year, the IRS is again sending Letter […]