Category: Uncategorized

The Tax System explained using…BEER!! The tax system, and how it affects the rich and poor, is often a misunderstood concept.  I recently came across a little..

Should your independent contractors really be employees? The IRS, U.S. Department of Labor, and state governments have a big stake in correctly classifying workers. Improper treatment of workers..

Everyone has heard of the “timely mailed = timely filed” rule, otherwised known as the postal service rule, whereby if your return, payment or other filing is..

Tax planning in the last quarter of 2012 is important! As any of Widget’s clients know, we always recommend a planning meeting in the last quarter.  Widget does..

Is Office Artwork Depreciable Property?  Many offices contain artwork to make customers feel comfortable and to give the business an air of success.  Or they could be..

Answers to Frequently Asked Questions for Same-Sex Couples The law in many states now allows for same-sex marriages.  As state law allows something that federal law does..

The IRS wants a copy of my canceled check! WHAT DO I DO? With many taxpayers engaging in electronic banking and debit card transactions (because paying with..

Job Search Expenses CAN BE DEDUCTIBLE!! Summertime is the season that often leads to major life decisions, such as buying a home, moving or a job change…

Charitable Contribution DENIED! The amazing result in this case shows why paying attention to the formalities that your CPA hounds you about is critically important should the IRS..

Personal Use of Rental Properties When the IRS issued the latest version of Form 8825, Rental Real Estate Income and Expenses, it added three new columns to..