Tax Strategies
Take advantage of tax deductions for business travel and entertainment
When entertaining clients or traveling on business, you may be eligible for Federal income tax deductions on a portion of your expenses that are not…
How to estimate where you stand on income tax withholding
You do not want to use the IRS like a bank account. Believe me, the money withheld from your paycheck would be better spent elsewhere…
Why is my SECA Tax more than my friend’s FICA Tax?
What is SECA, why I pay more for Social Security, and how is that even fair You may have noticed the remarkably high self-employment…
Who does the IRS trust, and are you on the list?
Using IRS data on tax filings and audits in 2012, I look at what types of businesses, tax forms, and income levels are at the…
A tax strategy for all seasons
Just when you may have thought that federal tax policy was set - that January's "fiscal cliff" deal meant you could go about your financial…
Money Coach: Do you suffer from taxpayer anxiety disorder?
Are you happy and relieved that April 15 has come and gone? I am! I love tax day, but that wasn’t always true for me.…
How can I get ready for next year’s tax season?
Every year during tax season, we would get urgent calls from clients who are about to go meet their accountants or who are already sitting…
Can I get an extension on my tax return?
You can file for an extension on any ground you like. All it takes is filling in Form 4868 to extend the deadline to Oct.…
