-
Recent Posts
Recent Comments
Archives
Categories
Blogroll
Tags
25 attorney Barbara Hickman biggest loser bonus depreciation cash-flow child chill in the hills construction contractor contractor's tax deadline deduction dependent estimate extension GAP growth and prosperity H.R. 5297 holiday interest itemize Lindsay Jones manufacturing Mississippi Nancy Wansley office hours Patrick House penalties refund relative section 179 self-employment small business Small Business Bill student tax taxes tax organizer tax planning tax relief tax season tuition United Way volunteer
Monthly Archives: February 2012
Are you ignoring this new tax credit?
Health care legislation passed in 2010 included a tax credit for small businesses that provided health care coverage for their employees. Recent surveys have shown that the majority of small companies that could qualify for the credit have failed to … Continue reading
Some deductions are available even if you don’t itemize
If you’ve given up itemizing deductions, you’re not alone. These days over half of all taxpayers find they’re better off using the standard deduction. But even if you take the standard deduction, you can also deduct some individual expenses on … Continue reading
Posted in Riley's General Tax Info
Tagged contributions, Deductions, itemize, self-employment, student loan interest, tuition
Leave a comment
Missing some of your receipts? Don’t worry just yet…
We all know that we should keep our receipts to document the deductions we claim on our tax return. However, some taxpayers are more diligent than others and many could not produce a receipt to substantiate every expense we claim … Continue reading
Posted in Uncategorized
Leave a comment
New 1099-K forms added to the list
Many of you business owners might have received (or will be receiving soon), a new form this year. Don’t panic when you see this new form, the 1099-K. The 1099-K is a new IRS information return for reporting electronic financial … Continue reading
IRS requires new information on 2011 tax returns
The IRS has made changes to this year’s tax return filing process that you need to be aware of. Beginning now, there are 2 new questions that will need to be answered, under penalty of perjury, when you file Form … Continue reading
Posted in May & Co Announcements, Uncategorized
Tagged 1099, accountant, attorney, file, rent, reportable income, unreported
Leave a comment