Well another bill is being introduced in the Senate to tax millionaires. We all know where this will lead the way Congress is made up right now – nowhere. I guess it gives them something to talk about (and something for us to read about). Here is the link to the article in Accounting Today about the bill:http://www.accountingtoday.com/news/Senator-Introduces-Buffett-Rule-Tax-Reform-Bill-61615-1.html?ET=webcpa:e2175:204199a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_020212You can count on us to count for you!
Brian’s Tax Musings – Easy Way to Store Tax Receipts
Here is an easy way to store your tax receipts. I know I have talked about this before, butit is very inportant in that it will make your life (and my life as well) easier.Anyway, if you have a credit card you can use (hopefully a rebate card), charge as many tax deductrions on this card as your can (make sure you pay it off each month so you don’t get hit with interest charges), then scan all the receipts into your comnputer. You then have all the records at your fingertips which you can print up if you get audited, and you don’t have a stack of paper to clutter up things (and you don’t have to give it to me when you want your taxes done.)You can count on us to count for you!
Brian’s Tax Musings – 10 tax mistakes to avoid
Many thanks to my IT Strategic Partner, Garett Chipman ( garett@tvgconsulting.com ) for sending me this article by Dave Johnson on CBS Market Watch – 10 common tax mistakes to avoid. Here is the link:http://www.cbsnews.com/8301-505143_162-57366394/10-common-tax-mistakes-to-avoid/The biggest mistake you could make is not having a professional prepare your taxes (how is that for self-promotion) unless you have an extremely simple return. Anyway if you have questions call me at 818-317-6035 or email me at bstonercpa@sbcglobal.net and we can discuss them.You can count on us to count for you!