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 4, 2011 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
Small businesses that provide health care coverage for their employees were given a 2010 tax credit within the recent health care legislation. The credit is generally 35% of the employer’s premium contribution (25% for tax-exempt entities). Eligibility to...