Tag: tax questions

Q & A and Tips on Accounting, Taxes and Personal Finance.
Need a Passport? Make Sure You Pay the Tax Man First!

Need a Passport? Make Sure You Pay the Tax Man First!

We all have heard about the legends of people in times gone by who left for another country when faced with criminal charges here. However, this is no longer a possibility for American tax payers. The IRS reserves the right to revoke your passport for noncompliance with tax laws. This could have huge ramifications for […]

January 9, 2017 | By More
2014 Tax Return – What To Expect

2014 Tax Return – What To Expect

If you don’t like surprises at tax time; typically put off your tax return filing until the last minute or do not normally have your year-end paperwork in order, this post is for you. Lisa M. Stiffler – Enrolled Agent, of Lisa M. Stiffler, Inc discusses what you can expect this filing season to ready […]

January 19, 2015 | By More
Year-end Tax Saving Tips

Year-end Tax Saving Tips

With only weeks remaining in 2014, it’s time to review some year-end tax saving tips that can benefit you both now and in the future. Harry Hunter of Hunter Consulting shares some last minute moves you can make to save taxes – both on your 2014 tax return and in future years. Harry:  Maximize the standard […]

December 2, 2014 | By More
Clergy Taxes – Unique tax status of ministers and religious workers

Clergy Taxes – Unique tax status of ministers and religious workers

Clergy, ministers and religious workers are accorded some unique tax deductions, allowances and benefits.  How are clergy taxes different?  George Martinez, CPA of Glendale AZ, talks about the unique tax status of clergy and churches. George:  Churches and their Ministers have many misunderstood tax peculiarities.  Churches enjoy three primary federal tax benefits which distinguish them […]

September 8, 2014 | By More
How long to retain records for tax purposes?

How long to retain records for tax purposes?

You’re determined to finally clean out that overflowing file cabinet chock full of records and documents saved for tax return support.  Has enough time passed?  Can your shedder finally get a good workout?  Harry E. Hunter, President of Hunter Consulting discusses document retention and how long to retain records for tax purposes. Harry:  One of the most […]

August 11, 2014 | By More