Posted in: Business Tax Tips, Posted On: 17-02-2014, Posted By: Steven Schroeder

Over the past few years the Internal Revenue Service has been spending a tremendous amount of time and resources monitoring and enforcing the filing requirements on foreign bank and financial accounts.  Many have heard the term FBAR, which stands for Report of Foreign...

Posted in: Business Tax Tips, Posted On: 10-02-2014, Posted By: Steven Schroeder

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Posted in: Business Tax Tips, Posted On: 03-02-2014, Posted By: Steven Schroeder

For more information about how to save money this Tax Season

 

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Posted in: Business Tax Tips, Posted On: 27-01-2014, Posted By: Steven Schroeder

1. TAX SAVINGS TIPS FOR THE SELF EMPLOYED

•    Employ spouse and deduct medical expenses for entire family including sole proprietor.

•    Employ spouse and deduct fringe benefits.

•    Contribute to SEP, Simple or Keogh instead of IRA and increase deductible contribution amount.

•    Employ a child and save Social...

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