Monthly Archives: February 2011
What your taxes pay for
This is an interesting website that will show you where exactly your taxes go… enter your information in the upper right hand side and then click “estimate my cost”: http://whatwepayfor.com/
Michigan Energy Tax Credit
There were two new energy credits enacted in 2009 for Michigan residents. If you purchased energy efficient appliances for your home or you paid a renewable energy surcharge on your utility bills, you may qualify for this credit. Here’s a … Continue reading →
S Corporation vs. LLC
Here’s a great article that explains the difference between S corporations and LLCs. Please contact my office if you have any questions related to this topic. http://www.powerhomebiz.com/vol136/structure.htm IRS CIRCULAR 230 DISCLOSURE REQUIREMENT: IRS Circular 230 requires us to notify you … Continue reading →
How to find the right tax preparer from Consumer Reports
http://blogs.consumerreports.org/money/2011/02/track-down-best-tax-preparer-cpa-enrolled-agent-irs-ptin-number-accountant-form-1040-.html
Why it’s worth it to hire a tax preparer
From the Wall Street Journal… http://online.wsj.com/article/SB10001424052748703843004576140781360491222.html?mod=sf2tw
Update: IRS can start accepting e-filed returns on 2/14/11
http://www.irs.gov/newsroom/article/0,,id=234736,00.html?portlet=7
