From the nielsen law group Tag

2014 Tax Season will Open January 20, 2015

The IRS will begin accepting paper and electronic tax returns on January 20, 2015 for the 2014 tax year. Until recently, it was uncertain whether or not this would be delayed into late January […]

Year End Charitable Giving – 3 things to Remember

As the Holiday season reaches full swing and the Tax Year draws to a close, thoughts often turn to more cheerful thoughts than taxes. But now is the time to make last minute adjustments […]

What can I expect at the 341 meeting of creditors meeting in Arizona for my Chapter 7 bankruptcy case? (PART TWO)

  So you found the Bankruptcy Court and now you are waiting to talk to the Trustee for your 341 meeting.  Who is the Trustee?  There are several different Chapter 7 Trustees in Maricopa […]

IRS Mileage Rates – and an Alternative

The IRS recently announced the new mileage rates for 2014: 56 cents per mile for business miles driven 23.5 cents per mile driven for medical or moving purposes 14 cents per mile driven in […]

Tax Credits and Deductions Expiring in 2013

Tax credits and deductions have become an important part of the tax code and a significant benefit to many tax payers. Some credits, like the investment credit for business in American Samoa, are rarely […]

5 Tax Tips For When You Sell Your Home

If you’re selling your primary residence, here are a few things to keep in mind. If you lived in your home for at least two of the last five years, and make a profit […]

The Extra Income Inquisition

If you’re a small business, the IRS has decided you may be hiding income. According to the IRS tax gap study released in 2012, the U.S. Treasury loses $376 billion each year due to […]

The Government Shutdown Ripples Continue…

Every year the IRS updates its computer systems in preparation for the next tax year’s returns. Rules change, processing and technology updates are implemented and new tax laws are reduced to policy and imbedded […]

The New Arizona BK Exemptions Are Here!

If your personal assets deterred you from filing a bankruptcy case in the past, you will want to consult a lawyer regarding the new Arizona bankruptcy exemptions.  House bill 2325 was passed during the […]

The Risks of Joint Tenancy

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 […]