Monthly Archives: January 2012

Happy belated Earned Income Tax Credit Awareness Day!

I took the kids to school last Friday just like any other day, and I don’t recall seeing any specialty cards in the Hallmark section at Target, so I missed out on Earned Income Tax Credit Awareness Day. You probably … Continue reading

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The Romney tax return

In the music world, Tuesday is always release day. The impending release of Mitt Romney’s tax returns today was, to me at least, reminiscent to the anticipation of a much-awaited record being released. Well, the return has been released now, … Continue reading

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W2 / 1099 deadline looms: changes of note

Forms W2, 1099-MISC, and other information returns are required to be distributed to payees by January 31, 2012 (reports are due to tax agencies later, with varying due dates depending on whether paper or electronic media are used for reporting). … Continue reading

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Romney to release tax return

The Romney campaign announced today that Romney will be releasing his 2010 tax return on Tuesday.

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The Gingrich tax return

One of my favorite things about election cycles are the inevitable releases of candidate tax returns. Last night, Newt Gingrich released his 2010 joint Federal return and the Gingrich Foundation private foundation return to the media. The Gingriches reported $3,162,424 … Continue reading

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Filing deadline extended to April 17; e-filing opens January 17

The IRS announced today that the filing deadline for the 2012 filing season has been moved to April 17, 2012. Since April 15 falls on a Sunday, the filing date would automatically be moved to April 16. However, Emancipation Day, … Continue reading

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New Year Resolution – Documenting Business Expenses

As we turn the page on another year, it’s a good time to start fresh with properly documenting certain business expenses. The areas where we most commonly see deficiencies are meals and entertainment and business use of vehicles. Below is … Continue reading

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