- Tax-Time Tips Series - H.D. Vest Tip #2: Mistakes...
Business Editors IRVING, Texas--(BUSINESS WIRE)--Feb. 26, 2001 Financial Services & Tax-Filing Company Helps Consumers Keep More Money in Their Pocket While Paying Taxes While tax ......
- "Ordinary and Necessary" Business Expenses
Typically, all "ordinary and necessary" business expenses, including travel, can be deducted from your business income.
- 10 Tax Tips for the Self-Employed
Technology and the ease of telecommunication have prompted more consultants, coaches, contractors and freelancers to take business matters into their own hands. Self-employment is no ......
- Lessees: drive hard for every tax
break.
As the price of a new car climbs into the stratosphere, leasing becomes increasingly more attractive. When you buy a $50,000 car, you might have ......
- New questions spring from the application of...
Beginning this year, there are several new law changes affecting S corporations. One of the more intriguing opportunities, especially in the area of estate planning, ......
- Proposed moving expense limitation.
On June 28, 1992, Tax Executives Institute filed the following comments with the numbers of the congressional tax-writing committees on the proposed limitation on the ......
- Hobby or hard work? Don't let the IRS
decide.
It is not uncommon to have a client who, in addition to having a regular job, seeks ways to earn additional income, either by obtaining ......
- Tax break for teachers. (Changes for
Individuals).
For 2002 and 2003, teachers and other professional educators of kindergarten through grade 12 can deduct up to $250 of unreimbursed classroom expenses, up to ......
- Taxation of contingent attorney fee
awards.
Practitioners should be aware of a recent decision (Estate of Arthur L. Clarks, 202 F3d 854 (6th Cir. 2000)) that might provide some relief from ......
- Tax treatment of employer-provided...
Recent economic conditions have caused many employers to cut back their work forces in order to remain competitive. Many of these employers are providing outplacement ......
- Business use of autos.
BUSINESS USE OF AUTOS One of the most common travel arrangements, especially for small businesses, is an employee using his or her own car for ......
- Accounting for employee expenses.
The Internal Revenue Service has always been leery of business expenses. The servie has long felt these expenses could be subject to abuse. Taxpayers could ......
- Employee allowed itemized deduction for worthless...
P was the sole shareholder and salaried employee of K corporation, managing its daily operations. K had financial difficulties, so P lent K capital in ......
- Tax benefits for partners in...
Partners in a trading partnership can receive substantial tax benefits due to the treatment of the partnership as generating neither passive nor portfolio items for ......
- Early planning trims 1991 taxes.
After filing your 1990 tax return, you'd probably like to take a breather from taxes. But early planning provides a too-good-to-be-missed opportunity to trim 1991 ......