by mariettacp | Mar 18, 2011 | Money Tips, Tax Planning, Tax Tips
The Tax Relief Act of 2010 retroactively reinstated a plethora of business tax breaks that expired at the end of 2009 and extended them through 2011. These tax breaks include: the research credit; the new markets tax credit; employer wage credit for activated...
by mariettacp | Mar 16, 2011 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
The 2010 Form 1040 reflects a number of new tax breaks we want you to be aware of so you can take full advantage of them. Today’s post addresses changes to the tax laws regarding small business cell phones and luxury vehicles. Limits on personal exemptions and...
by mariettacp | Mar 11, 2011 | Money Tips, Tax Planning, Tax Tips
The 2010 Tax Relief Act made many beneficial changes to the rules regarding estates and gifts. One such change regards the GST (generation-skipping transfer tax). The GST is an additional tax on gifts and bequests to grandchildren when their parents are still alive....
by mariettacp | Mar 9, 2011 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
The 2010 Form 1040 reflects a number of new tax breaks we want you to be aware of so you can take full advantage of them. Today’s post addresses changes to the tax laws regarding adoption credits. The maximum adoption credit is $13,170 per eligible child for...
by mariettacp | Mar 7, 2011 | Money Tips, Tax Preparation, Tax Tips
The 1099 Employer Prepared Worksheet will help you keep track of to whom you have issued a 1099. This worksheet is very helpful in maintaining accurate tax records. Please contact us with any questions.