Fox Business - The Power to Prosper
Search Site

Bonnie Lee Archive

Get updates from Bonnie Lee

http://www.foxbusiness.com/archive/author/bonnie-lee/feed/rss

  • What’s New on Form 1040 in 2012

    Published January 31, 2013

    After Congress averted the fiscal cliff at the very last hour at the start of the year, the folks at the IRS had the big job of redesigning some tax forms to comply with the newly-passed measures. Here is what to expect on the IRS new 2012 Form 1040.

  • Is Your Compensation Reasonable?

    Published January 25, 2013

    Over the past several years, the IRS has increased its scrutiny of S Corporations in light of reasonable compensation.

  • Fall Into Extra Income? Check to See if it Taxable

    Published January 24, 2013

    Coming into extra or unexpected income is good news, so don’t let Uncle Sam ruin the fun by catching you not paying appropriate taxes.

  • 10 Tips for Small Business Owners to Close 2012 and Get Organized for 2013

    Published January 18, 2013

    This month is the ideal time to clean out business files to get a fresh start for the new year and get paperwork organized. Here are some tips to help small business owners get ready to file their 2012 taxes and get ready for 2013.

  • What Parents Should Know About the Adoption Credit

    Published January 17, 2013

    The deal struck at the beginning of they year to avert the fiscal cliff restored the adoption tax credit and made it permanent, which is good news for parent--but the deduction can be a little tricky to fully understand.

  • Business Provisions in the Fiscal Cliff Deal

    Published January 11, 2013

    Congress finally nailed down tax law changes for 2013 and small business owners s have some reason to celebrate the fiscal cliff deal. The last-minute legislation includes provisions that small businesses should take advantage of.

  • Tax Law Changes You Need to Know for 2013

    Published January 10, 2013

    Last-minute tax decisions coming out of Washington as part of the fiscal cliff deal will impact your tax return this year--here's what you need to know.

  • How to Get Relief from IRS Penalties

    Published January 09, 2013

    A program created more than a decade ago can offer help to taxpayers facing penalties from the IRS. Here's what you need to know.

  • How Students and Families Can Best Use the American Opportunity Tax Credit

    Published January 03, 2013

    Students and families taking advantage of a popular education breaks should take note of changing rules to study how to get the best return on their college investment.

  • How the Fiscal Cliff May Impact 401(k) Contributions

    Published December 24, 2012

    If Congress can’t agree on a plan by the end of year, automatic tax hikes will go into effect that might push employers to stop offering certain benefits.