Month: March 2014

9 MUST READ Tax Preparation Tips

The tax filing deadline is right around the corner. Tax preparation mistakes may be costly. Whether you hire a professional tax service, use software, file [...]

Back To School: Deducting Interest Paid On Student Loans (Even If You Don’t Pay The Loans)

It’s Back To School Week on the blog! With the cost of a college education continuing to climb, more and more students are taking on student debt. [...]

Capturing Online Sales and Use Tax: The Battle Continues

Have you purchased something online this past year, month or day?  You probably looked at the cost of the item purchased, but did you pay attention to [...]

Taxes For Day Traders: Are You A Trader Or Investor?

I say this a lot, but semantics are vital to the tax law. Obamacare is constitutional because the individual insurance mandate is both a “tax” and a [...]

7 Key Rules About 1031 Exchanges-Before They’re Repealed

A 1031 exchange, also called a like-kind exchange or a Starker, is a swap of one business or investment asset for another. Do it right, and there is no tax. [...]

How to Decide Whether Your Business Needs an Audit

Audits provide the opportunity for a second set of eyes (usually those of a certified professional accountant) looking over your business’s accounts. An [...]

Corporate America Pays Higher Tax Abroad: Study

The Beltway view that a relatively high corporate income tax puts the United States at a competitive disadvantage is false, contend the authors of “The Sorry [...]

Need More Time for Tax Actions?

Some tax deadlines are carved in stone, but others may be written in pencil and can be changed under the right circumstances. If you need more time to file [...]