Welcome to another edition of Tuesday Tidbits, where we make tax and accounting simple. I’m your host Charles D. Shapero CPA, with Widget Bookkeeping and Tax and..
Year: 2013
Why form a business entity?
Welcome to another edition of Tuesday Tidbits, where we make tax and accounting simple. I’m your host Charles D. Shapero, CPA with Widget Bookkeeping and Tax, and..
Advantages of an LLC – What is an LLC?
Are you wondering what the advantages of an LLC are? Wondering what is an LLC, an S-Corp, Partnership or Sole Proprietorship? Check out the first in our..
Special Needs Children…And Related Tax Benefits!
The number of children diagnosed with autism, Asperger’s syndrome, and other neurological disorders continues to skyrocket! The costs of providing care for the special needs child is..
ObamaCare…How does it affect small business and our premiums?
The Patient Protection and Affordable Care Act (AKA Obamacare) seeks to change the way health insurance premiums are established, just as the Act Providing Access to Affordable,..
12 Tax Audit Red Flags!
Certain things can increase your likelihood of an audit. These are called “Red Flags”. They should be avoided, if possible, because an audit is an unpleasant and..
Independent Contractor or Employee? IRS Audits are heating up!
So you think because you don’t withhold taxes and pay people with a 1099, that you are safe from all those payroll taxes? Think Again! Internal Revenue..
IRS has finally gotten it together!!! Well at least a little bit!
Effective Sunday, February 10, 2013, the IRS will begin processing 2012 returns with Form 4562, Depreciation and Amortization. This includes all return types – 1040, 990, 1120,..
How to avoid getting audited – Avoid the “Red Flags”
Be aware of audit flags when filing! Increasingly, the Internal Revenue Service has been chasing the big tax cheats and top earners to uncover missing tax revenue…
Tax Season Opens Today! (** FOR SOME **)
It’s time to start thinking taxes!! Today (Wednesday, January 30th, 2013) marks the beginning of tax season, when most Americans can e-file their returns with the IRS. ..
