A Tip on Tip Reporting
If you are like millions of taxpayers in the service industry, you may receive tips. The tax code is clear; if you receive tips you must report them as income. […]
Category: Blog
Avoid the Gambling Winnings Tax Surprise
With the increased popularity of lotteries and casinos, more unsuspecting winners are experiencing a lucky payday only to end up with a huge tax head-ache when filing their income taxes. […]
Income the IRS Can’t Touch
Wouldn’t it be nice to have a source of nontaxable income? You may be more fortunate than you realize. Listed here are a number of income items that the IRS […]
Tips to Organize Your Tax Records
Creating order out of chaos As important tax records start filling mailboxes, how can you make sure your tax preparation goes smoothly and efficiently this year? Here are some tips: […]
The Tax Match Game: Play Or Else…
A great tip to stay out of the audit spotlight. One of the best audit tips available can be summed up in one simple word. Match. Spend a minute or […]
A Tax Deduction in your Hand… Literally.
With the proliferation of cell phones, and the corresponding accessibility of you to your employer, most employees are receiving and making business calls on cell phones. So, how can you […]