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Tax Fans Tax Advise Center Archive

Schemes peddled by tax promoters

TweetShareSharePin0 Shares News Procedure & Administration By Dave Strausfeld, J.D. In the fourth and final installment of this year’s IRS “Dirty Dozen” list, which highlights common tax-related scams, the IRS cautioned taxpayers to be on the lookout for schemes peddled by unscrupulous tax promoters, including syndicated conservation easements, abusive microcaptive insurance arrangements, and other

301 Moved Permanently

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Tax HELP For Independent Contractors

TweetShareSharePin0 SharesEntrepreneurs and self-employed people who want to maximize their income tax deductions would do well to remember the acronym HELP at tax time. It stands for Home Office + Equipment + Logbook + Postage, four of the best ways for independent contractors to reduce their taxable income. Home Office Deductions If you do not

Farm businesses receive guidance on tax treatment of losses

TweetShareSharePin0 Shares The IRS issued Rev. Proc. 2021-14 on Wednesday instructing taxpayers with a net operating loss (NOL), consisting entirely or partly of a “farming loss,” as defined in Sec. 172(b)(1)(B)(ii), on how to make or revoke certain elections including those available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136. For

Taxes

TweetShareSharePin0 Shares "Nothing is certain except death and taxes" ~Benjamin Franklin Have you done yours, my fellow Americans? We just finished…nothing like waiting until the last minute! 104/365 Posted by Oregon Sandy on 2013-04-14 21:22:29 Tagged: , taxes , scrabble TweetShareSharePin0 Shares

301 Moved Permanently

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Home Based Business Opportunities Abound On The Internet

TweetShareSharePin0 SharesLooking for a home business opportunity on the internet these days is a pretty involved process. That is, if you don’t know how to eliminate 90% of the junk that’s out there and pick among the home business opportunities that actually have merit and track records. What works? Information sales, auctions, hard goods that
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