If you employ someone to work in or around your home, age 18 or older, and pay them wages of $1,700 or more in 2010, you may be a household employer.
Managing Businesses With Quickbooks
QuickBooks is not just for organizing your data for tax preparation, but can provide valuable information to manage your business.
Tax increases coming your way!
It is hard to believe that the tax cuts enacted back in 2001 (Economic Growth And Tax Relief Reconciliation Act of 2001) are set to expire at the end of this year.
2010 Estate Tax Repeal
You may have heard that the federal estate and the generation-skipping transfer taxes have been temporarily repealed in 2010. Your estate planning documents have been prepared to ensure that your family and financial goals are met after you die. The estate planning documents tell everyone exactly where you want your assets distributed.
New Tax Provisions with the Health Care Act
There are many tax provisions in the health care bill signed into enactment Monday. Some of these provisions go into effect immediately, and some extend into 2017.
Mandatory E-Filing is Coming
Are you currently filing your tax returns electronically? Congress recently passed legislation that will require tax return preparers to e-file all income tax returns for individuals, estates and trusts. This rule goes into effect for returns filed after December 31, 2010. Individuals who file their own returns will still have the option of e-filing or paper filing.