May 26, 2013

Important Facts about Mortgage Debt Forgiveness

1099c

If your lender cancelled or forgave your mortgage debt, you generally have to pay tax on that amount. But there are exceptions to this rule … [Read more...]

Free Tax Filing

free-tax-return

Yes, It's true, FREE Filing All taxpayers have a fast, safe and free option when it comes to preparing their own federal taxes. It’s … [Read more...]

Deadline Extended for Tax-Exempt Organizations

Charities & Exempt Organization

According to Leroy Baker of Tax-News.com in New York, the US Internal Revenue Service (IRS) has announced that certain tax-exempt … [Read more...]

New Updated Rules for Fast-Track Patent Processing

USPTO

The United States Patent and Trademark Office (USPTO) has announced a final rule change permitting applicants to request prioritized … [Read more...]

IRS that the Service is limiting the number of returns

Late on Friday evening, Intuit learned from the IRS that the Service is limiting the number of returns it accepts daily from all e-file … [Read more...]

The American Recovery and Reinvestment Act of 2009

Chages of Law

The American Recovery and Reinvestment Act of 2009 is a broad piece of legislation which impacts individuals, businesses and government … [Read more...]

Tax Relief Unemployment Insurance Reauthorization and Job Creation Act Of 2010

Tax Law Changes

Newly Enacted Tax Legislation to Affect Employers on January 1st On December 17, 2010, President Obama signed into law H.R. 4853, the Tax … [Read more...]

Taxpayers will have until Monday, April 18 to file their 2010

Taxdeadline

2010 Tax Deadline to be April 18, 2011 Taxpayers will have until Monday, April 18, 2011, to file their 2010 tax returns and pay any tax … [Read more...]

Travel Expenses

Travel Expenses

Travel expenses are “ordinary and necessary” expenses while away from home for the primary purpose of business. Keep all receipts and … [Read more...]

Choosing a Tax Year

Calendar Year

Calendar vs. Fiscal Each taxpayer must figure taxable income on the basis of an annual accounting period for keeping records and reporting … [Read more...]

Copyright © 2002-2013 Gonzalez CPA, Inc. A Professional Corporation All rights reserved.