The Senate has been as busy as Santa’s elves on Christmas Eve trying to pass their healthcare bill, even though most of the provisions won’t even go into effect until…
As we approach year end, it may be beneficial to take that dreaded look at your portfolio and re-assess some of your long positions. You could have some investment tax…
The First Time Homebuyer Credit has been extended once again. This time, it has been extended to more than just first time homebuyers. You may be able to take advantage…
Thursday afternoon, December 3rd, 2009, the House of Representatives voted 225-200 in favor of H.R. 4154 which makes the current estate tax (death tax) exemption, or and rates permanent. For the majority of…
2010 standard mileage rates for reimbursement are dropping in 2010. The IRS claims a down economy and lower oil prices in 2010 have kept fuel prices relatively low this past…
Roth conversion, converting from a traditional to a Roth IRA, can be a very attractive prospect when the market is down. You can move your balance to the Roth IRA while…
Normally, new tax credits can be a great way to stimulate the economy. Here is why Making Work Pay tax credit could end up making you owe taxes at the…
After losing a property to foreclosure, many taxpayers learn that they may owe additional taxes on the canceled debt. The following is part three of a series on tips for…
Every year we get calls from our clients regarding scam emails and notices that they have received. The nature of the financial and accounting industry makes computer stored information a…
From Cash for Clunkers to new vehicle credits, the government is brainstorming ways to save Detroit with new vehicle tax breaks. The result is that this may be the best…