Bonnie Lee Archive
Published December 06, 2013
The holiday season can be busy for small business owners, but taking some time now to get their finances and taxes in order can bring substantial savings come tax season.
Published December 05, 2013
A new tax scam has been making the rounds and tricking consumers from handing out their personal information. Don't fall for it.
Published November 29, 2013
Here’s a look at the tax law changes that take effect this year, and how they may impact your return.
Published November 27, 2013
To help minimize the amount you will owe the IRS due to an increase in self-employment income, start analyzing your financial statements and begin tax planning right now.
Published November 22, 2013
The IRS has special rules regarding writing off entertainment expenses, and if interpreted the wrong way, small business owners can find themselves in hot water with the agency.
Published November 21, 2013
There are many proposals to change the tax code to help close the income gap in the country. And the secondary-earner tax deduction is designed to reduce the tax burden for working parents in this economic profile.
Published November 15, 2013
Sales tax laws and calculations have always been a difficult topic for businesses of all sizes. But in these times where brick-and-mortar establishments are becoming outmoded and online stores become more popular, the complexity of sales tax compliance in all 50 states has become something of an insurmountable problem.
Published November 14, 2013
If you get an out-of-the-blue call from someone claiming to be from the IRS, that should raise some major red flags.
Published November 07, 2013
There is little one can do about what Congress will decide to change in the final hours of the tax year. We are often surprised (and sometimes not) by what goes down at the last minute and this does not make for good tax planning.
Published November 01, 2013
When the IRS sends small business owners letters, the agency doesn’t always expect a response.