The U.S. Gladly Pays Tuesday for Money Today
The United States controls the largest economy in the world, and one that has not gone bankrupt once in its 235 year history. It is safe to say that the country is a pretty safe investment. So...
View ArticleHere’s a thought.
With all this talk about the recession, and no light at the end of the tunnel, there are some wild ideas being thrown around about how to turn that light back on. I was thinking about it, earlier...
View Article1099-C – Best Handled in 4 Simple Steps
Interest payments add up. Car payment, credit card payments, business expenses, mortgage and recurring monthly bills add up, and they can add up quickly. One day you are making payments adding up...
View ArticleIRS Notices for Late and Failure to File
The first thing I do when I get home from work is check the mail box. I don’t know, it just seems like the right thing to do. There’s usually 3-4 mail pieces in there. In the pile of newly...
View Article2011 Tax Season
Hello Everyone! The tax time is just around the corner! I hope everyone had a wonderful 2011 both tax-wise, and more importantly, lifestyle wise; spent with happy moments with family, friends and you...
View ArticleForm 1040
“Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.†The above Benjamin Franklin...
View Article8 Ways The Fiscal Cliff Affects You
View of Lake Winnebago from the Observation Tower at High Cliff State Park The Fiscal Cliff This past summer, my wife Jamie and I visited High Cliff State Park. The cost of admission was $7. I’m...
View ArticleHome Office Safe Harbor Deduction
Home Office If you are like most Oshkosh or Fox Valley business owners, you may have taken a deduction for your home office or for an area of your house used in business. Also, you may be familiar with...
View ArticleTax Strategy – Itemized Deduction Grouping
Itemized Deductions Do you own a home or give to charity in Oshkosh or the Fox Valley? If so, timing certain payments can save you hundreds of dollars in taxes by grouping your deductions in certain...
View ArticleMoving Between Marginal Tax Brackets
Capital Gains Tax What are the effects of moving between the 10%, 15%, 25% and 28% marginal tax brackets? The answer, like most questions on tax, is that it depends. Different levels of income and...
View ArticleDifficult Tax Deductions
Don’t Let the Tail Wag the Dog Pig You often hear of people saying that you should or should do something “because you get a tax deduction.” Changing your normal course of action just because a tax...
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