September 3, 2013
If you cover the cost of health care for yourself or your employees through health savings accounts (HSAs) or cafeteria plan accounts, you may want to reassess your options as the provisions of the Patient Protection and Affordable Care Act of...
August 14, 2013
Also known as "sin" taxes, excise taxes are instruments the government uses to skew consumer behavior away from damaging goods, and toward beneficial products. Alcohol, gas and tobacco products are some of the most heavily taxed goods out there....
August 12, 2013
Interstate road trips are hard enough (when they involve family), so why should the government want to take a piece of them? Gasoline.
On that trip, you might have noticed the price of gasoline raise or lower when you crossed from one...
August 9, 2013
What is the difference between Section 527 and the Tea Party 501(c)(4) organizations that the IRS scrutinized in 2012?
Presidential candidates are not the only ones with a vested interest in winning an election. Section 527 and...
August 7, 2013
A fairly recent record-keeping rule has been a surprise for many audited taxpayers.
The IRS has tightened up a number of taxpayer loopholes in the last decade,...
August 6, 2013
Complexity and inconsistency within the tax code continue to be major issues for small business owners. According to a survey conducted by the National Small Business Association, approximately 25% of small businesses say that they spend 120...
August 6, 2013
Republicans and Democrats each have their own position on the Marketplace Fairness Act. Who is right?
Although the Marketplace Fairness Act initially represented a bipartisan effort to fairly tax online purchases, it has taken a bit of...
July 26, 2013
Nonprofits are organizations designed to forward ideas, beliefs, and initiatives as opposed to one individual, or a group of individuals. This is in stark contrast to corporations or many business entities, which transfer a percentage of profits...
July 25, 2013
You do not want to use the IRS like a bank account. Believe me, the money withheld from your paycheck would be better spent elsewhere – loans, payments, or a pair of shoes – than it would sitting in the digital catacombs of the Internal Revenue...