The Internal Revenue Service is warning consumers about a sophisticated phone scam targeting taxpayers throughout the country.
The IRS will NOT call you … they will write you! Continue reading IRS Warns of Telephone Scams
Question: How do I know if I have to file quarterly individual estimated tax payments?
Answer: If you owed additional tax for the prior tax year, you may have to make estimated tax payments for the current tax year. Continue reading Estimated Tax Payments – Q & A
If you’re one of the more than 3.4 million taxpayers claimed deductions for business use of a home (commonly referred to as the home office deduction), don’t forget about the new simplified option available for taxpayers starting with 2013 tax returns being filed now. Continue reading Simplified Home Office Deduction
With all of the heat surrounding the “Patient Protection and Affordable Care Act,” or Obama Care, I fear some of the very distinct “business winners” are completely unaware of these potential savings they can claim. I know the Pharmaceutical companies in Cambridge know they will pay, but my fear is that many small “Mom and Pop” operations do not understand these potential credits available for them to claim. Any small business providing Health Care Coverage for low-income workers should read this very carefully!
