Category Archives: 1040 Personal Income Taxes

Your odds of being audited

Here’s an interesting article from the USA Today… Your odds of being audited

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A Tasty New COLA for 2012

But not the cola you drink… A Tasty New COLA for 2012 from the Wall Street Journal

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“Stealth” Taxes

“Stealth” Taxes from CNN Money

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2011 Tax Planning

We are quickly approaching September 15th, 2011 which is the due date for the third estimated tax payment. If you are currently making estimated payments or have significant changes in your income, it may be necessary to evaluate whether what … Continue reading

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How to fix a mistake on a filed tax return

Did you discover an error on a tax return you’ve already filed? Here’s a good article from the Wall Street Journal that explains how to fix an error by filing an amended tax return… How to fix a mistake on … Continue reading

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Mid Year Tax Planning Ideas for Businesses

How midyear tax planning can put businesses at a strategic advantage from SmartBusiness.com

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Tax Reform Bill Signed in Michigan

Governor Snyder signed a bill today that transforms Michigan’s tax code. See the article from the

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Small Business Tools

Accounting Today talks about some small business tools available from the IRS that may be helpful: IRS Showcases Small Business Tools

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Tax Reform Passes both Chambers of Congress in Michigan

The State Senate and House of Representatives passed sweeping tax reform that Governor Snyder is highly likely to sign into law. The biggest changes are the elimination of the Michigan Business Tax which is being replaced by a 6% Corporate … Continue reading

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The Importance of Good Record Keeping

Everyone in business must keep records, especially those that will come in handy when it’s time to think about taxes on the business. Continue reading

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 C Corporation Income Taxes, 1120 S Corporation Taxes, Accounting, IRS, QuickBooks | Leave a comment