Regardless of what happens with the fiscal cliff, there are some pretty major changes to our tax situation. Of course, some of them will only affect those at the upper ends of the income scale, but it’s worthwhile to evaluate what your net income will be starting next week- now.
Continue reading Taxes- 2013 Style!
“Everyone talks about the weather and nobody does anything about it.” If you are old enough, you remember this expression. No, we weren’t expecting some evil genius to change our weather. (Oh, wait, polluting companies have effected climate change. But, I digress…) However, that is exactly our issue now- everyone is talking about the fact that our Congress is not talking to one another. This side says “the rain in Spain falls mainly on the plain”, while the other responds “It takes two to tango”. Sentient beings hit their foreheads in wonder how adults can behave in such fashion…
Continue reading Everybody’s talking ’bout it…
Today, I am going to talk about taxes- but for the small business owner. Like it or not, taxes are going to go up- not for everyone, but small business is a ripe target. Part of the reason is that small business- just like big business- has found ways (or paid advisors to find ways) to pay the minimum amount of axes required.
Continue reading Congress (and the IRS) is going after S Corporations and their owners
