Individuals and small businesses sometimes barter to get products or services they need. Bartering is the trading of one product or service for another and doesn’t involve the exchange of cash. An example of […]
From the Author Archive
If you were married or divorced and changed your name last year, be sure to notify the Social Security Administration before you file your taxes with the IRS. If the name on your tax […]
So, you and your wife or husband have survived the 2006 – 2011 real estate storm. You have either reinvested or held onto your home and now you can relax a bit knowing that […]
Is claiming the business use of your home office a good or bad idea? In a word, “Bad!” Why? Especially when the IRS just made it simpler to claim the deduction starting in 2013. […]
A colleague forwarded to me an article regarding the unbelievable amount of debt Casey Anthony acquired during the defense of her criminal charges in the state of Florida. At first glance, I thought “Wow. […]
This recently came from the IRS. While I don’t completely agree with everything (particularly with item #4 because it could increase the audit risk in some cases), it is pretty sound advice overall. Ten […]
If you have not received your W-2, follow these three steps: 1. Contact your employer first. Ask your employer – or former employer – to send your W-2 if it has not already been […]
Starting January 30, 2013 the IRS will begin accepting tax returns. And the most important question after that date will be “where’s my refund?” For several years the IRS has offered a website to […]
The “Means Test” is a major hurdle for anyone who’s considering filing a Chapter 7 bankruptcy. The Test consists of a financial analysis of income and allowable (necessary) expenses to determine how much “discretionary” […]
Only 1.0% of the population will be subjected to an IRS audit (7.0% if your income is over $1 million) but the thought of being the one in every hundred that is “selected” is […]