by mariettacp | Jun 26, 2013 | Money Tips, Tax Preparation, Tax Tips
Who’s on your team? No, not your sports or reality-show dancing team, your business team, that group of professional advisors who are ready and willing to help you tackle tough financial decisions. Those decisions can have an effect on your taxes this year as...
by mariettacp | Jun 24, 2013 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
Many people have paid for credit life insurance without understanding what it is or how expensive it can be. If you borrow money for any purpose, your loan payment may include a premium for credit life insurance. Moneylenders such as banks, retailers, auto dealers,...
by mariettacp | Jun 6, 2013 | Money Tips, Tax Tips
With the school year over, your teenager might be taking a summer job. If so, you both may have questions about taxes. Here are some of the common concerns. If your child chooses a typical wage-paying job, he or she will soon be confronted with the task of calculating...
by mariettacp | Mar 4, 2013 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
Emotions add zest to life. They propel us to our feet when our favorite running back scores a touchdown. They warm us at an inspirational concert or movie. But in the realm of business, emotions sometimes hinder good choices. In fact, business owners and managers...
by mariettacp | Feb 21, 2013 | Accounting News, Money Tips, Tax Planning, Tax Preparation, Tax Tips
A number of tax breaks that had expired at the end of 2011 or were to expire at the end of 2012 were extended by the recently passed law, the “American Taxpayer Relief Act of 2012.” Keep these deductions and credits in mind as you gather the paperwork for...
by mariettacp | Aug 12, 2011 | Accounting News, Money Tips, Tax Tips
Married joint return filers are jointly and severally liable for the tax arising from their returns. Innocent spouses may request relief from this liability in certain circumstances. An IRS regulation states that a request for equitable innocent spouse relief must be...