by mariettacp | Sep 2, 2014 | Accounting News, Bookkeeping, Money Tips, Tax Planning, Tax Preparation, Tax Tips
Question: My business has not been growing but it seems as though I add more people and equipment without increasing my net profit. What am I doing wrong? Answer: Let’s see what happens in a typical company as the business grows. Suppose that a company is...
by mariettacp | Aug 29, 2014 | Money Tips
Whew! The rush is over once your personal income tax return is done for another year – or so you thought, right up until the moment you discover information you forgot to include. Now what? The action you take depends on the type of information you forgot. For...
by mariettacp | Aug 8, 2014 | Money Tips
It’s difficult enough to think about taxes under normal circumstances. Finding yourself amid a divorce action can make this task even more daunting. A little planning, however, may ease this burden. Consider, for example, the following ideas about your tax...
by mariettacp | Aug 1, 2014 | Money Tips
In the last few years, you may have purchased stock in a dot-com that’s now out of business, or in another company whose share price is now just pennies. Does this mean you can take a tax loss for a worthless security? Here’s a quick look at the rules....
by mariettacp | Jul 25, 2014 | Money Tips
Imagine this scenario. Your wealthy Uncle John is something of an art collector, buying paintings and sculptures from promising young artists. When he retires, he moves into a small condo in a retirement community and has to downsize his art collection. He gives away...
