Tax, Savings

Congratulations on your FREE Hurricane Extensions (Harvey, Irma, Maria and Nate)

Congratulations on your FREE Hurricane Extensions (Harvey, Irma, Maria and Nate)

Congratulations (?) on your FREE Hurricane Harvey extension; Hurricane Irma extension; Hurricane Maria extension or Hurricane Nate extension. Thanks to fast government action, you may have an automatic FREE: Hurricane Harvey extension; Hurricane Irma extension; Hurricane Maria extension; or Hurricane Nate extension. This extra time will let us do much better tax returns for you, even […]

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Hurricane Irma Got Us, in Live Oak, Florida, QuickBooks Accounting

Hurricane Irma Got Us, in Live Oak, Florida, QuickBooks Accounting

We spent most of our lives in southeast Florida, so we always track hurricanes carefully. Once we moved to the southwest part of unincorporated Live Oak, in extreme north central Florida, we thought we were safe from these killer storms. However, the blue diagonal line, inside the yellow circle, shows the local track of monster […]

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Six Good Ways to Get an IRS Audit

Filed in Accounting, Business, Tax, Savings by on March 30, 2015
Six Good Ways to Get an IRS Audit

Here are six good ways to get an IRS audit: Earn more than $200,000 Do not report all income File Schedule C  * Take a “tennis court” deduction Round off amounts  ** Have a vengeful ex-spouse or associate * PLEASE contact me at once (no charge) if you file Schedule C . 1120S corporations can: […]

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Stop tax identity theft – We are #1!

Filed in Tax, Savings by on February 22, 2015 0 Comments
Stop tax identity theft – We are #1!

Last month I wrote about Florida tax identity theft. Now I must write about it again. Today’s Miami Herald had this front page story: Ripping Off Your Refund. It shows that we are #1 in tax identity theft. The state has 44% more tax ID theft than any other state. The Miami, Fort Lauderdale, West […]

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$10,000 IRS Refund, only $3,000 withheld

Filed in Tax, Savings by on January 31, 2015 0 Comments
$10,000 IRS Refund, only $3,000 withheld

I cannot get everyone a $10,000 IRS refund, with only $3,000 withheld, though I did that on my first tax return this year. However, I often get clients unusually large refunds, due to my very unusual optimizing. Do you or your tax return preparer know that you need not claim all or part of legitimate […]

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Fleeing New Jersey for Florida

Filed in Tax, Savings by on January 13, 2015 0 Comments
Fleeing New Jersey for Florida

United Van Lines, the country’s largest household mover, says 65% of New Jersey family interstate moves left the state. This gave New Jersey the highest exit rate for the fourth time in five years. Nearly half of these were fleeing New Jersey for Florida, with 83% leaving for retirement or jobs. New York (64%) and […]

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STOP tax identity theft

Filed in Tax, Savings by on January 12, 2015 0 Comments
STOP tax identity theft

Click here to get your fast free identity protection PIN Florida, Georgia and Washington, D.C. have highest rate of tax identity theft, so IRS has fast free guaranteed safety for us and for those with prior actual or attempted theft. Quickly answer easy questions and get a PIN (preferably from 1/15/15 – 1/24/15, before thieves […]

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Extended 2014 Tax Laws

Filed in Tax, Savings by on January 10, 2015 0 Comments
Extended 2014 Tax Laws

It took Congress until the end of December 2014 to extend these 2014 tax laws, so IRS will not process income tax returns until January 25, 2015. Business • Expense 50% of equipment cost as depreciation (no income limit) • Expense up to $500,000 of equipment cost (income limit) • Work Opportunity Credit – veterans, […]

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Make taxes and bookkeeping MUCH faster and easier, Focus on business not paperwork

Make taxes and bookkeeping MUCH faster and easier, Focus on business not paperwork

Make taxes and bookkeeping MUCH faster and easier, as you focus on business, not paperwork: Stop receipts from quickly becoming illegible, disorganized or lost Save on having you or your CPA sort, add or classify receipts Increase tax deductions (entertainment, auto expenses and much more) Cut accounting costs and get earlier tax returns (less subject […]

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Do not waste time on entertainment or auto expenses you cannot deduct.

Filed in Accounting, Business, Tax, Savings by on December 12, 2013
Do not waste time on entertainment or auto expenses you cannot deduct.

Please do not waste time on entertainment or auto expenses that you cannot deduct.  You cannot deduct receipts from McDonalds, Burger King or other restaurants unless they relate to out-of-town overnight travel OR the entertainment of others. You also must have the name of any person entertained on the receipt or in a contemporaneous diary. […]

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