IRS agents must stop an interview if you ask to consult with a representative. But a new report from the Treasury Inspector General for Tax Administration (TIGTA) points out problems in this area.
Small Business Tax
Section 179 vehicles should be a key part of your small business tax deduction strategies. Can Section 179 property fit in with your business tax strategies?
Let Business Management Daily help you get each and every rental property depreciation credit and business tax deduction you’re entitled to.
If your company has handed out severance packages in recent years, of course it has deposited with the Feds all the requisite federal employment taxes on the severance payments. Strategy: File a “protective claim” to preserve your potential right to a federal employment tax refund for open tax years.
Have you lost money in an illegal investment scheme? Strategy: When it’s appropriate, claim an investment theft loss for your troubles.
Here are the key tax-filing deadlines for 2013. If you operate on a fiscal-year schedule for tax purposes, rather than the usual calendar-year schedule, your due dates for each quarter will line up differently.
Are you sitting on a veritable gold mine in stocks or real estate? Or maybe you’re planning to sell your business interest for a tidy sum. Strategy: Set up a charitable remainder trust (CRT). Not only do you slash your family tax bill, you reward a deserving charity.
The Social Security Administration announced its annual cost-of-living adjustments for 2013. There’s some good news for retirees, some bad news for both employers and some employees, and some worse news for all workers. Here’s a quick rundown of the key changes.
If you live in a federally designated disaster area like the one hit by Hurricane Sandy, you don’t have to wait until you file your 2012 tax return to obtain tax relief.
The impending “fiscal cliff” isn’t the only important tax issue facing Congress. The tax breaks available for adopting a child will be drastically scaled back in 2013 unless the rules are changed.