by mariettacp | Feb 2, 2011 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
The 2010 Form 1040 reflects a number of new tax breaks. Some are straightforward. Others are complex. Some present choices. But they all provide an opportunity to save money. We want you to be aware of the new tax breaks for this filing season so that you can take...
by mariettacp | Jan 31, 2011 | Money Tips, Tax Preparation
To make tax preparation a little easier for our clients, we have placed some popular forms on our website. Our clients who are daycare providers will find the Day Care Income and Expense Worksheet invaluable for recording their business expenses for the year.
by mariettacp | Jan 28, 2011 | Money Tips, Tax Planning, Tax Tips
The Tax Relief Act contains a trove of tax breaks for businesses. The bill OKs the following major new incentives for businesses to invest in machinery and equipment: 1. A 100% bonus first-year depreciation allowance for property acquired and placed in service after...
by mariettacp | Jan 26, 2011 | Money Tips, Tax Planning, Tax Tips
On December 9, Senate Majority Leader Harry Reid (D-NV) introduced H.R. 4853, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the Tax Relief Act). The Tax Relief Act contains a two-year extension of the Bush-era tax cuts that was...
by mariettacp | Jan 24, 2011 | Money Tips, Tax Preparation
As a service to our clients, we have placed some highly used tax forms on our website. The 1040 worksheet will help you organize your financial information needed to accurately complete your Federal 1040.