4 Ways to Create a Competitive Advantage
When running a business you’re always going to be faced with unfair advantages. But as a leader, it’s your job to spin those challenges around into a competitive advantage. Doing…
Blog
Education Tax Credit Contributing to Delayed Returns
The Internal Revenue Service (IRS) recently announced that several problems with the filings for education tax credits may be delaying processing of many tax returns. According to the IRS, there…
How to Find Your Focus at Work
When you achieve a total state of concentration, you are more focused on the tasks at hand and so absorbed that you lose track of time. Generally, people who experience…
Tax Season Terrors: Identity Theft
As we dive into the heart of tax season, CPAs need to educate clients on tax return and tax-related identity theft. Tax return identity theft occurs when someone uses a…
4 Ways to Find Financial Bliss
Experts agree that people tend to be happier when they spend their money on experiences rather than objects. It’s true that some objects are necessary to create certain experiences, such…
10 Easy Ways to Adjust for a Changing Budget
With the expiration of the Social Security payroll tax break, many employees will see a reduction in their paychecks. Employees will want to adjust their budgets now so they don’t…
IRS Issues Revenue Procedure on Inflation-Adjusted Items
Late last week, the IRS issued Rev. Proc. 2013-15, which contains information on inflation-adjusted items for 2013. When the IRS issued its usual end-of-the-year inflation adjustment revenue procedure back in…
IRS Announces Tax Season Opening for 1040 Filers
Following the passage of the American Taxpayer Relief Act, the Internal Revenue Service (IRS) recently announced that it plans to open the 2013 filing season and begin processing individual income…
Take Advantage of These 10 Tax Breaks
As a taxpayer, it’s your goal to make sure the IRS receives as little from you as possible. One way to ensure this is to take advantage of every tax…
Highlights of the Fiscal Cliff Tax Legislation
As you may already be aware, the President signed the “American Taxpayer Relief Act” (the Act) late Wednesday evening. The Act prevents many of the tax hikes that were scheduled…