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Tax Matters

Wayne has been helping people reduce their taxes for the past 20 years. He provides a complete line of bookkeeping, accounting, payroll and tax preparation services for all business types and is the author of 3 tax-slashing ebooks for small business owners and the self-employed, including the Ultimate Small Business Tax Reduction Guide.

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Can you really take a deduction without a receipt? Read on.
Does the IRS really care if you have receipts to prove your deductions? Find out today.
Here's a simple 6-step bookkeeping system that will end your recordkeeping nightmare and keep the IRS out of your life.

Did you know that the federal government is giving virtually all wage earners and self-employed folks a 2% raise for 2011?  Details inside.

Looking for an easy way to keep Uncle Sam happy?  Read on.
There's plenty to like about the new Tax Relief Act of 2010. Find out why.

With only a few weeks left in the year, what can you do between now and December 31 to increase deductions?  Here's one simple tax deduction that embraces both the spirit of giving and the joy of tax reduction.

Question: If you have recently started a business, when are you required to begin filing income tax returns? Find the answer here.
Does it make sense to incorporate in December? Find out whether it makes sense to form a corporation for your small business or self-employment activity with only a few weeks left in the year.
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