Latest From the Blog
Tax Tip of the Week | No. 254 | Filing Facts for Recently Married or Divorced Taxpayers
If you were married or divorced recently, there a couple of things you’ll want to do to ensure the name on your tax return matches the name registered with the Social SecurityAdministration.
Tax Tip of the Week | No. 253 | An Update on ROBS
A couple of years ago in TTW #109 we introduced ROBS as a strategy to fund a new business. The following is a recent article in Businessweek about this risky strategy.
Tax Tip of the Week | No. 252 | Executors Beware
If you should be named the Executor of an estate, you need to be aware that you could be held personally liable for any unpaid taxes of the deceased.
Tax Tip of the Week | No. 251 | Create a Tax Break - Buy Your Parents' Home
Do you have aging parents that live in an appreciated home, but no longer reap any tax benefits from ownership? For example: home is paid off and there is no mortgage interest deduction for them to deduct.
Tax Tip of the Week | No. 250 | Tax Penalties and Audits Don't Correlate with Income Levels
For consumers and corporations, the lower the income, the higher the rate of tax penalties is according to new research.
Tax Tip of the Week | No. 249 | Is This A Great Country or Not!
The IRS awarded bonuses to almost 3,000 employees who had been recently disciplined – some for not paying their own taxes.