How To Prepare For Next Tax Season Now
I was recently interviewed for an Inc. magazine article about mid-year tax planning. You can check it out here: How to Prepare for Next Tax Season Now .
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Singapore Government Offers Email For Tax, Other Bills
One of the biggest criticisms of most governments is that they are inefficient. It’s not usual for tax returns and other correspondence to get bogged down in bad or incomplete addresses, insufficient postage or processing issues. Singapore hopes to change all of that. The government is giving all citizens, foreign residents and businesses an email…
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PA Tax Amnesty Ends Today
You can say goodbye to those creepy ads… Pennsylvania’s tax amnesty program ends today (June 18). Those taxpayers who chose to participate can avoid penalties and will pay only half the interest. Those taxpayers who didn’t participate will not only have the normal penalties and interest but will get an additional 5% penalty. Even worse?…
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Tax Bill Still In The Senate
The American Jobs and Closing Tax Loopholes Act of 2010 (also referred to as HR 4213) may need to be renamed the American Jobs and Closing Tax Loopholes Act of 2011. More than six months after its introduction, the bill is still sitting in Congress with just about a month and a half to go…
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Senate: Oil & Gas Industry Tax Breaks Remain
The Senate failed to say no to $35 billion worth of tax breaks for the oil and gas industry on yesterday. I know, double negatives. But that’s the easiest way to describe it. You see, Senator Bernie Sanders (I-VT) introduced a provision that would have limited write offs for drilling expenses, eliminated a tax deduction…
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Ask The Taxgirl: Form W-4
Taxpayer asks: I hope you don’t think this is too simple a question but I’m a confused newbie. I started a new job this week. They asked me to fill out tax forms. One of them is a W-4. I didn’t know what to do with it and the HR person told me to just…
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Something’s Fishy…
It’s Flag Day in the US. The national holiday, which falls on June 14 every year, marks the day that the Second Continental Congress adopted the US flag. I was the only kid in my class that knew when it rolled around every year and for good reason: it’s also my mom’s birthday. So, on…
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Giveaway Winners Announced
Over the weekend, I used the handy-dandy web site random.org to determine the winners for the giveaway. Our winners are: Laine Sanderson (14) and Bobby Huang (18). I’ll be getting in touch with both of you shortly. No prize but bonus points to those of you who got extra creative – especially Kara and Sandee…
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Forecast: More Snowe In June
As small businesses collectively hold their breath this summer over the inane Congressional proposal to tax some – but not all – s corporations differently, Sen. Olympia Snowe (R-ME) is offering some hope. Together with Mike Enzi (R-WY), she is filing an amendment to strike the provision from the bill altogether. Calling the tax a…
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Snooki, McCain Tweet Tax
In one of the more bizarre political alignments, Sen. John McCain (R-AZ) has recently voiced his support for… Jersey Shore’s Snooki. Snooki lamented in a recent preview that: I don’t go tanning anymore because Obama put a 10% tax on tanning. And I feel like he did that intentionally for us. Snooki is, of course,…