Blog Detail
Palm Harbor CPA
http://palmharborcpa.blogspot.com/
Helpful articles on tax preparation, estate and trust planning, and financial statements and accounting for the individual or business owner.
- Added on: Oct 20th, 2009
- Country: United States
- Language: English
- Author: Maynerd
- Listed in: Law & Legal Reference
- Tags: cpa taxes financial planning irs audit tax return florida accountant
Recent Posts
Excluding Tax on Small Business Stock Gains
Owners of qualified small business stock can take advantage of special rules that apply when the stock is sold at a gain. [Incidentally, the term qualified small business stock (QSBS) means stock of a domestic C corporation with aggregate gross asset...
Enhanced Residential Energy Credit
Congress recently enhanced the tax credit for solar energy and added two new energy systems to the list of residential energy enhancements qualifying for the residential energy efficient property (REEP) credit. The recently enacted Energy Improvement...
Employer Matching Charitable Contributions
Employers often sponsor a matching program for charitable contributions made by their employees to certain charities. If an employee’s contribution to a charity is matched (in whole or in part),and the employee receives goods or services in return ...
Deducting Home Office Expenses
Costs associated with maintaining a home office (for example, rent, utilities, insurance, repairs, and depreciation) may be deductible. If the office space is also used for personal reasons, the entire home office deduction is usually lost. However, ...
Congress Extends Numerous Tax Breaks
The recent Tax Extenders and AMT Relief Act of 2008 (Extenders Act) provides extensions for several popular tax breaks and the addition of several new relief provisions, including disaster-area tax relief. Following is an overview of some of the key ...
Child Tax Credit
Taxpayers with qualifying children under age 17 are entitled to a child tax credit of $1,000 per child. The credit phases out at a rate of $50 for every $1,000 of modified adjusted gross income (MAGI), or fraction thereof, exceeding $110,000 for join...
