The IRS says that you really only need to hold onto tax returns and supporting documentation (like W-2s, 1099s, deduction receipts) for three years after the date of filing (April 15th or later if you filed an extension).
I am thrilled to be part of this fabulous group of professional women in Femfessionals Fort Lauderdale!
There is a simplified home office deduction new for 2013. This is a great thing for those work-at-home types.
The IRS determines your filing status based on what you are on December 31 of that tax year.
If 2013 came and went and you did not manage to put away money for retirement, you may be in luck.
I am thrilled to announce that I am now Xero Certified!
Make tax payment for 2013 by Thursday Jan 15, 2014!
As of January 1, 2014, automatic tips for servers will need to be included in payroll.
Today I called the IRS regarding a client's amended tax return. The agent told me that due to backups caused by the government shutdown amended returns will take 12 to 16 weeks to process.
I find this shocking. If the government wants to know where to focus IRS audit efforts it should take a look at the earned income credit program. I'm sure there are plenty of needy people who benefit from the program, but the abuse is outrageous.
The weekend of August 2-4, 2013 is a sales tax holiday for Florida.
The filing deadline for Form TD 90-22.1 is June 30, 2013. You can find the form here. Don't forget- there are no extensions for this form. Not sure if you [...]
FBAR (Report of Foreign Bank and Financial Accounts) is required filing to report foreign bank account information.
It is time to make your second estimated tax payment of 2013. The deadline for making this payment is June 15. For individuals you can get more information and vouchers [...]
I got an email from my good friends (and clients!) at WriterCube about some great resources. If you have ever been thinking about writing you want to check out bookbaby.com.
