The Statement of Cash Flows
Posted on Wednesday, May 22, 2013
The statement of cash flows is one of the hardest in a set of financial statements for a reader to understand; however, it can be a powerful tool used to
Computing The Small Business Health Insurance Credit
Posted on Thursday, May 16, 2013
Under the Patient Protection and Affordable Care Act (PPACA), small employers can claim a credit for providing health insurance for employees and their
3.8% Net Investment Tax Continues To Be A Challenge
Posted on Thursday, May 16, 2013
Questions over the operation of the new 3.8 percent Medicare tax on net investment income (the NII Tax) continue to be placed on the IRS's doorstep as it
Using Your 2012 Tax-Year Return To Prepare For The Future
Posted on Friday, May 10, 2013
Did you owe tax on your 2012 tax return? Did you receive a sizeable refund? Or, conversely, did you receive a smaller refund than you expected? If so, take
Operating Reserves
Posted on Wednesday, May 08, 2013
Operating reserves are a common issue among nonprofit organizations. We’ve all heard that every nonprofit should have a cash reserve equal to
Job Hunting And Taxes
Posted on Tuesday, May 07, 2013
If you're job hunting, be aware of the potential tax breaks. You can deduct the costs of looking for a new job in your present line of work, even if you
Deductible Charity Requires Recordkeeping
Posted on Monday, May 06, 2013
If spring cleaning leaves you with items that you want to donate to charity, remember that donations of used clothing and household items must generally meet
Swap Properties To Postpone Taxes
Posted on Saturday, May 04, 2013
Postpone taxes by swapping real estate instead of selling it. This may enable you to trade up to property with a higher value. A tax-deferred exchange is a
FBAR Filing Due Soon
Posted on Friday, May 03, 2013
The IRS and the Treasury Department are getting increasingly interested in U.S. citizens who maintain foreign bank, savings, and investment accounts. If you
Tax Scam
Posted on Friday, May 03, 2013
Crooks wanting to steal your identity are using bogus e-mails and websites designed to look like genuine IRS communications. You might expect the April 15
