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Find out what taxes, deductions, exemptions, and credits have been adjusted for inflation for 2013 by the IRS. Read More

After taxes, the rent and mortgage, debt repayments and vehicle expenses must be paid. However, there are ways to win against the taxman... legally. Read More

Small Business owners who are considering an exit strategy need to start by looking at their business entity if they want to avoid the corporate tax trap. A privately held C-Corp can be a tax nightmare to sell. Read More

With tax season under way, one of the questions that often comes up is whether or not you have to report the income you receive from savings accounts and CDs. Read More

One of the goals that many business owners have is to slowly disengage themselves from the day to day running of the business. While this is admirable goal, this situation could actually lead to some thorny tax issues — and increase the amount that they owe. Read More

I actually take the home office tax deduction for my business. I’m in a good place, where the deduction helps reduce my income — without AMT worries. Read More

As you prepare to file your taxes in 2013 (for the 2012 tax year), it’s important to be on top of things. Here are some things to keep in mind as you get ready for filing your taxes this tax season. Read More

If you have complicated taxes, it might help to hire an accountant, rather than rely on yourself, or even tax software, to get the job done. Read More

The fiscal cliff resolution that happened at the beginning of the year may have helped some taxpayers but it delayed many from filing early as the earliest you can file now is January 30th, 2013. Read More