It is tax season, and while much of spring is spent discussing what must be paid out in taxes, it is also a great time to take advantage of savings opportunities. For small businesses, one of the greatest expenditures,...
Category: Taxation
2011 Tax Deadline Extended to April 17, 2012
March 12, 2012
For most tax professionals and many taxpayers, April 15th stands out every year as the day when tax returns and any related tax payments are typically due. However, this year we will have two extra days to file returns...
2012 IRS Mileage Reimbursement Rates
January 9, 2012
The IRS issues its Standard Mileage Reimbursement Rate each year. The rate determines the amount that can be used as a deduction for business travel and serves as a guideline for employers who reimburse their employees for...
Tax Incentives for Employers Who Hire Veterans Extended
December 20, 2011
In November, President Barak Obama signed into law the Three Percent Withholding Repeal and Job Creation Act. A part of this sweeping legislation provides incentives to employers for hiring veterans. The new...
IRS Voluntary Worker Classification Settlement Program
November 9, 2011
I would like to thank Timothy Kershner, CPA for providing his accounting and tax expertise for this blog article. Timothy Kershner, CPA is a partner at the accounting and consulting firm of Walz, Deihm, Geisenberger, Bucklen...