By now, I’m sure you have heard that it is the Year of the Snake, but not really – it is the “Year of You”. Or at least I’m sure that’s what you heard.
Let me assure you it’s still the “Year of the Snake”. (According to wikipedia and Cultural China, the year of the Snake is Feb 10, 2013 thru Jan 30 2014 – the Water Snake )
It can be difficult to keep up with new technology; sometimes it feels like the world can change if you stop paying attention for a few minutes. Things that we accept as normality were utterly unthinkable just a few generations ago. Our grandparents would have to spend weeks to get from one country to another, and now we can whiz along [...]
Starting a business is expensive and the capital that you’ve poured into your company can disappear in an instant if, say, a major weather event damages your offices or one of your products injures someone.
Having the right kind of insurance is critical to your business, which is why multiple insurance policies should be in place [...]
Well here we are, January and it is time to start getting your tax information ready. But what do you need? Twelve months have passed. With the economy the way it is many have already been thinking about their taxes, some haven’t.
Getting things ready to take in to your tax preparer is sometimes a gruelin [...]
Most people don’t appreciate the full importance of a will, especially if they think their estate is too small to justify the time and expense of preparing one. And even people who recognize the need for a will often don’t have one, perhaps due to procrastination or a disinclination to broach this sensitive subject with love [...]
It is often surprising to hear the statistics about the number of people who operate without a bank account. Referred to as the “unbanked,” these people depend on local check cashing services, pawn shops and payday lender. A staggering 17 million Americans do not have a bank account. This is surprising given the trend toward [...]
As a professional Tax Preparer, I see Form 1099-C every so often when completing some return, for someone. A year may go by when I don’t see it at all, last year unfortunately I saw this return more than I like.
Let me first cover what is form 1099-C:
A 1099-C is sent by a creditor to inform you that it is going to write off the remain [...]
If you use your car in your job or business and whether you use it regularly or irregularly for that purpose, you may deduct part or the entire cost of its operation (subject to limits – of course).
However, if you use the car for both business and personal purposes, you may deduct only the cost of its business use, along with you [...]
A friend of mine brought this article to my attention. 343,020 Reasons CPAs Should Talk Up Their Tax Expertise Now -
I couldn’t help myself… I had to post a comment…. So First thing this morning I did.
In that comment I stated how I was in awe at how this is written, in an effort to Project the CPA as the ultimate Tax pro…. I [...]