Monthly Archives: May 2011

Employee or Independent Contractor – which do you have?

As the economy improves, some of my clients are being offered jobs that treat them as an independent contractor.   This means they must pay taxes quarterly, set up a business, and they are not eligible for unemployment benefits.  But for the … Continue reading

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Loaning $ to the IRS

Will you be among the thousands of taxpayers who get a big tax refund this year? While most Americans happily accept their tax refund checks, smart taxpayers understand that refunds actually cost them money. Here’s why: The government pays no … Continue reading

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What tax breaks are there for disasters?

The recent events in Japan and in the are reminders that disasters can occur at any time – often with staggering human and financial costs. If you’re an unlucky victim of a disaster, you may receive help from insurance and … Continue reading

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Form 1099 reporting rules change again

Some good news for businesses! The expanded Form 1099 reporting rules for certain business payments and rental property expense payments have been repealed in a law just signed by President Obama. Here’s the background on this issue. The 2010 health care … Continue reading

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