Bonnie Lee Archive
Published March 07, 2013
Every year, thousands of Americans skip out on paying taxes. Some do it out of fear, others out of lack of knowledge and some for financial reasons. But none of these are good excuses.
Published March 06, 2013
Despite all the headlines and research screaming at the rise in identify theft, we aren’t careful with our personal information. Find out how to protect yourself.
Published March 01, 2013
Depreciation is a business expense applicable to the purchase of capital assets, but it can get a little tricky for owners to work out without getting in trouble with Uncle Sam.
Published February 28, 2013
There are quite a few misconceptions about how the IRS views tip income. It’s time to set the record straight.
Published February 22, 2013
There is a statute of limitations for various tax scenarios--here's what filers need to know about how long the taxman can come after them.
Published February 21, 2013
Tax law is so convoluted and filled with exceptions that it becomes more and more difficult every year to keep up. If you get an odd piece of income – something other than your W2 wages or a retirement distribution and you find you need to clarify the tax implications, here are some tips.
Published February 14, 2013
The Earned Income Tax Credit is a refundable tax break that is designed to help low-income workers make ends meet. But because of fraud, the IRS has strict requirements on who is eligible to take the credit.
Published February 08, 2013
How employers classify their employees can hold serious tax implications.
Published February 07, 2013
The IRS has made it very easy to prepare and electronically file your own income tax return--here's what to look out for.
Published February 01, 2013
Here’s a list of new health-care issues and medical tax law changes every small business owner needs to know.