IMPORTANT! Did you know that you need to file a tax return, even when you are not legally required to file. That’s right. You need to file a return within the statute of limitations if you are due a refund and you want the cash. Get all the details when you read my new article titled Tax Tips: Say Good-bye to Unclaimed Tax Refunds. Three ways our fact-filled article can … [Read more...]
Tax Tips for an S Corporation’s HSA
A Health Savings Account (HSA) can be a powerful money saver, but you must know the tax consequences of having one. If you want to learn the tax law’s special HSA rules that apply to the S corporation employee-owner, read my new article titled Tax Tips for S Corporation’s HSA. Three ways our fact-filled article can help you: We’ll discuss payments on behalf of employees … [Read more...]
Income tax on debt relief
If you are personally liable for a debt, and that debt is canceled or forgiven, you must include the canceled debt as taxable income on your income tax return. Will you have to pay taxes on this income? You’ll find answers to this and other important questions when you read my new article titled Tax Tips: Income Tax on Debt Relief. Three ways our fact-filled article can help … [Read more...]
12 Last-Minute Tax Tips (unrelated to vehicles)
2011 is almost here, but that doesn’t mean that you can’t save a bundle in 2010! If you are looking for some great IRS-approved ways to slash your taxes, my new article makes “must” reading! To see my valuable tips, check my new article titled Tax Tips: 12 Last-Minute Tax Tips Not Related to Vehicles for 2010. Three ways our fact-filled article can help you: We’ll tell … [Read more...]
Nine 2010 last-minute tax-saving tips for vehicles
2010 is winding down, but it’s not too late to save money when it comes to the tax treatment of your car, truck, or SUV. The trick is to act promptly before 2011 rolls around. To help you out, we’ve compiled some hot, last-minute tips on what you can do with your vehicles to cut your 2010 taxes. You’ll find these valuable ideas in our new article titled Tax Tips: Nine 2010 … [Read more...]