abataxaccounting.com RSS Feed http://abataxaccounting.com/ Take a look at our recent blog posts and client newsletter articles. en-us Wed, 01 Sep 2021 09:00:00 -0500 Wed, 01 Sep 2021 09:00:00 -0500 What Is a Designated Roth Account? http://www.abataxaccounting.com/newsletter.php#2 If you are a high-income earner who participates in a 401(k), 403(b), or governmental 457(b) retirement plan that has a designated Roth account, making contributions to that account could be a smart move. Wed, 01 Sep 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#2 Verifying Your Identity When Calling the IRS http://www.abataxaccounting.com/newsletter.php#4 If you need to contact the IRS, you will be asked to verify your identity. Here's what you need to know before you call. Wed, 01 Sep 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#4 Tax Rules for Divorce and Alimony Payments http://www.abataxaccounting.com/newsletter.php#5 Tax rules regarding divorce and separation can and do change - as they recently did under tax reform - and the last thing on anyone's mind during a divorce or separation is its effect on their tax situation. Wed, 01 Sep 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#5 Tax Relief for Those Affected by Natural Disasters http://www.abataxaccounting.com/newsletter.php#1 Tax relief may be available if you've been affected by a natural disaster this year, but only if you meet certain conditions. Wed, 01 Sep 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#1 Six Things To Know Before You Start a Business http://www.abataxaccounting.com/newsletter.php#3 Starting your own business is an exciting prospect, but there is more to it than simply writing a business plan. Wed, 01 Sep 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#3 The Marriage Penalty: Alive and Well in the Tax Code http://www.abataxaccounting.com/blog.php?id=323 Couples filing jointly still get the short end of the stick Fri, 20 Aug 2021 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=323 Which Educator Expenses Are Tax Deductible? http://www.abataxaccounting.com/newsletter.php#4 Teachers and other educators should remember that they can deduct certain unreimbursed expenses such as classroom supplies, training, and travel on their tax returns to reduce the amount of tax owed. Sun, 01 Aug 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#4 Retirement Plan Options for Small Businesses http://www.abataxaccounting.com/newsletter.php#5 Employer-sponsored retirement plans are a key component of retirement savings. If you're like many small business owners in the United States, you may be considering the various retirement plan options available for your company. Sun, 01 Aug 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#5 Opting Out of the Monthly Child Tax Credit Payment http://www.abataxaccounting.com/newsletter.php#2 While many families will benefit from the extra money deposited into their bank accounts, some may want to opt out and instead take the Child Tax Credit when they file their tax return next spring. Sun, 01 Aug 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#2 Minimizing Capital Gains Tax on Sale of a Home http://www.abataxaccounting.com/newsletter.php#3 Learn how to avoid capital gains tax and why home improvements that qualify for the residential energy property credit can make a difference when selling your home. Sun, 01 Aug 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#3 Key Tax Changes Could Affect Your Tax Situation in 2021 http://www.abataxaccounting.com/newsletter.php#1 Key tax provisions in the American Rescue Plan Act of 2021 could affect your tax situation. Here's what you need to know. Sun, 01 Aug 2021 09:00:00 -0500 http://www.abataxaccounting.com/newsletter.php#1 Is a Tax Time Bomb Lurking in Your Paycheck? http://www.abataxaccounting.com/blog.php?id=322 Is a Tax Time Bomb Lurking in Your Paycheck? Fri, 18 Sep 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=322 Unemployment Income Tax Issues http://www.abataxaccounting.com/blog.php?id=321 Unemployment Income Tax Issues Tue, 04 Aug 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=321 Late-in-Life Marriages and Prenups http://www.abataxaccounting.com/blog.php?id=320 Late-in-Life Marriages and Prenups Mon, 03 Aug 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=320 Taxpayers should be aware of myths about tax refunds http://www.abataxaccounting.com/blog.php?id=319 Taxpayers should be aware of myths about tax refunds Thu, 18 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=319 Deductions For A Gig Economy http://www.abataxaccounting.com/blog.php?id=318 Deductions For A Gig Economy Thu, 18 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=318 An extension to file is not an extension to pay taxes http://www.abataxaccounting.com/blog.php?id=317 An extension to file is not an extension to pay taxes Tue, 16 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=317 Three New Credits for Businesses Hit by COVID-19 http://www.abataxaccounting.com/blog.php?id=316 Three New Credits for Businesses Hit by COVID-19 Fri, 12 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=316 Prop regs define real property for 1031 tax-free like-kind exchanges http://www.abataxaccounting.com/blog.php?id=315 Prop regs define real property for 1031 tax-free like-kind exchanges Fri, 12 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=315 Deadline Postponed to July 15 for Those Who Pay Estimated Taxes http://www.abataxaccounting.com/blog.php?id=314 Deadline Postponed to July 15 for Those Who Pay Estimated Taxes Thu, 11 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=314 The IRS releases guidance related to loans received from the Paycheck Protection Program (PPP). http://www.abataxaccounting.com/blog.php?id=313 The IRS releases guidance related to loans received from the Paycheck Protection Program (PPP). Tue, 09 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=313 President signs bill that provides more PPP flexibility http://www.abataxaccounting.com/blog.php?id=312 President signs bill that provides more PPP flexibility Mon, 08 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=312 Senate passes House-passed bill that provides more PPP flexibility http://www.abataxaccounting.com/blog.php?id=311 Senate passes House-passed bill that provides more PPP flexibility Fri, 05 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=311 IRS updates information on delinquent debt/passport certification and revocation http://www.abataxaccounting.com/blog.php?id=310 IRS updates information on delinquent debt/passport certification and revocation Thu, 04 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=310 What You Need to Know about the Paycheck Protection Program ("PPP") and the Tax Deductibility of Expenses Related to Loan Forgiveness http://www.abataxaccounting.com/blog.php?id=309 What You Need to Know about the Paycheck Protection Program ("PPP") and the Tax Deductibility of Expenses Related to Loan Forgiveness Wed, 03 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=309 Who is eligible for a recovery rebate? http://www.abataxaccounting.com/blog.php?id=307 Certain employers required to provide emergency paid sick leave Tue, 02 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=307 Certain employers required to provide emergency paid sick leave http://www.abataxaccounting.com/blog.php?id=308 Certain employers required to provide emergency paid sick leave Tue, 02 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=308 House passes bill that provides more PPP flexibility http://www.abataxaccounting.com/blog.php?id=306 House passes bill that provides more PPP flexibility Mon, 01 Jun 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=306 Guidance related to loans received from the Paycheck Protection Program (PPP). http://www.abataxaccounting.com/blog.php?id=304 Guidance related to loans received from the Paycheck Protection Program (PPP). Fri, 29 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=304 CARES Act: Employee Retention Credit. http://www.abataxaccounting.com/blog.php?id=305 CARES Act: Employee Retention Credit. Fri, 29 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=305 Report of foreign bank and financial accounts penalties willfulness computations constitutional claims; 8th Amendment. http://www.abataxaccounting.com/blog.php?id=302 Report of foreign bank and financial accounts penalties willfulness computations constitutional claims; 8th Amendment. Thu, 28 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=302 Employers can grant paid leave for COVID-19 http://www.abataxaccounting.com/blog.php?id=303 Employers can grant paid leave for COVID-19 Thu, 28 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=303 Guide to all the business credits, delays and deductions from the CARES Act and the Family Fairness Act. http://www.abataxaccounting.com/blog.php?id=301 Guide to all the business credits, delays and deductions from the CARES Act and the Family Fairness Act. Wed, 27 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=301 Chamber of Commerce Releases Standardized Questionnaire for Employees Returning to Work http://www.abataxaccounting.com/blog.php?id=300 Chamber of Commerce Releases Standardized Questionnaire for Employees Returning to Work Wed, 27 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=300 Millions of people will get their Economic Impact Payment by prepaid debit card http://www.abataxaccounting.com/blog.php?id=299 Millions of people will get their Economic Impact Payment by prepaid debit card Tue, 26 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=299 $12.9 million FBAR penalty didn't violate Eighth Amendment's Excessive Fines Clause http://www.abataxaccounting.com/blog.php?id=298 $12.9 million FBAR penalty didn't violate Eighth Amendment's Excessive Fines Clause Tue, 26 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=298 What the PPP Forgiveness Guidelines Mean For You http://www.abataxaccounting.com/blog.php?id=297 What the PPP Forgiveness Guidelines Mean For You Sat, 23 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=297 Why the Economic Impact Payment amount could be different than anticipated http://www.abataxaccounting.com/blog.php?id=296 Why the Economic Impact Payment amount could be different than anticipated Mon, 11 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=296 May an Eligible Employer that receives a Paycheck Protection Program (PPP) loan receive the Employee Retention Credit? http://www.abataxaccounting.com/blog.php?id=295 May an Eligible Employer that receives a Paycheck Protection Program (PPP) loan receive the Employee Retention Credit? Fri, 08 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=295 Three new credits are available to many businesses hit by COVID-19 http://www.abataxaccounting.com/blog.php?id=294 Three new credits are available to many businesses hit by COVID-19 Thu, 07 May 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=294 HOW TO CALCULATE MAXIMUM LOAN AMOUNTS - BY BUSINESS TYPE http://www.abataxaccounting.com/blog.php?id=293 HOW TO CALCULATE MAXIMUM LOAN AMOUNTS - BY BUSINESS TYPE Mon, 27 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=293 Additional Guidance from SBA expands Eligibility Criteria for Partners & Self-Employed Individuals http://www.abataxaccounting.com/blog.php?id=292 Additional Guidance from SBA expands Eligibility Criteria for Partners & Self-Employed Individuals Sat, 18 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=292 Estimated payment guidance for 2020 Income Tax Estimated Payments http://www.abataxaccounting.com/blog.php?id=290 Estimated payment guidance for 2020 Income Tax Estimated Payments Sat, 11 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=290 Minnesota Sales and Use Tax: Grace Period Extended Again for Businesses Closed by COVID-19 http://www.abataxaccounting.com/blog.php?id=288 Minnesota Sales and Use Tax: Grace Period Extended Again for Businesses Closed by COVID-19 Fri, 10 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=288 IRS launch new tool to help non-filers register for Economic Impact Payments http://www.abataxaccounting.com/blog.php?id=289 IRS launch new tool to help non-filers register for Economic Impact Payments Fri, 10 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=289 PPP Clarifications from Treasury Department http://www.abataxaccounting.com/blog.php?id=287 PPP Clarifications from Treasury Department Thu, 09 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=287 PPP Loans-SBA Interim Guidance http://www.abataxaccounting.com/blog.php?id=285 PPP Loans-SBA Interim Guidance Mon, 06 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=285 Comparison of EIDL and Paycheck Protection Programs http://www.abataxaccounting.com/blog.php?id=286 Comparison of EIDL and Paycheck Protection Programs Mon, 06 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=286 State COVID-19 (Coronavirus) Responses http://www.abataxaccounting.com/blog.php?id=283 State COVID-19 (Coronavirus) Responses Fri, 03 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=283 Small Business Loan & Grant Programs http://www.abataxaccounting.com/blog.php?id=284 Small Business Loan & Grant Programs Fri, 03 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=284 Who is eligible for a recovery rebate? http://www.abataxaccounting.com/blog.php?id=281 CARES Act: Recovery Rebates for Individuals Thu, 02 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=281 Understanding the Paycheck Protection Loan Program http://www.abataxaccounting.com/blog.php?id=282 Understanding the Paycheck Protection Loan Program Thu, 02 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=282 CARES Act: Employee Retention Credit http://www.abataxaccounting.com/blog.php?id=280 CARES Act: Employee Retention Credit Wed, 01 Apr 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=280 Economic impact payments: No action needed by most people at this time http://www.abataxaccounting.com/blog.php?id=278 Economic impact payments: No action needed by most people at this time Tue, 31 Mar 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=278 CARES Act: Delayed Payment of Employer Payroll Taxes http://www.abataxaccounting.com/blog.php?id=279 CARES Act: Delayed Payment of Employer Payroll Taxes Tue, 31 Mar 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=279 Who is eligible for a recovery rebate? http://www.abataxaccounting.com/blog.php?id=273 Who is eligible for a recovery rebate? Mon, 30 Mar 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=273 IRS and Labor announce plans to implement Coronavirus-related paid leave for workers and tax credits. http://www.abataxaccounting.com/blog.php?id=276 Coronavirus Response: Extension of Time to File and Pay Mon, 30 Mar 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=276 IRS and Labor announce plans to implement Coronavirus-related paid leave for workers and tax credits. http://www.abataxaccounting.com/blog.php?id=275 IRS and Labor announce plans to implement Coronavirus-related paid leave for workers and tax credits. Mon, 30 Mar 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=275 Effective Date for Employment Tax Credits Under the Families First Coronavirus Response Act http://www.abataxaccounting.com/blog.php?id=277 Families First Coronavirus Response Act: Credits for the Self-Employed Mon, 30 Mar 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=277 Effective Date for Employment Tax Credits Under the Families First Coronavirus Response Act http://www.abataxaccounting.com/blog.php?id=274 Effective Date for Employment Tax Credits Under the Families First Coronavirus Response Act Mon, 30 Mar 2020 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=274 Jan. 31 filing deadline for employers, other businesses to file wage statements, independent contractor forms http://www.abataxaccounting.com/blog.php?id=272 Jan. 31 filing deadline for employers, other businesses to file wage statements, independent contractor forms Tue, 28 Jan 2020 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=272 Tax Year 2018 TCJA: Depreciation: Sections 168 and 179 Modifications http://www.abataxaccounting.com/blog.php?id=271 Tax Year 2018 TCJA: Depreciation: Sections 168 and 179 Modifications Wed, 26 Dec 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=271 Tax Year 2018 TCJA: 20% Qualified Business Income Deduction http://www.abataxaccounting.com/blog.php?id=270 Tax Year 2018 TCJA: 20% Qualified Business Income Deduction Fri, 21 Dec 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=270 Tax Year 2018 TCJA: Corporate Tax Rate http://www.abataxaccounting.com/blog.php?id=269 Tax Year 2018 TCJA: Corporate Tax Rate Thu, 20 Dec 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=269 Tax reform law makes changes to employee achievement award rules http://www.abataxaccounting.com/blog.php?id=268 Tax reform law makes changes to employee achievement award rules Mon, 10 Dec 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=268 Get Ready for Taxes: Here's how the new tax law revised family tax credits http://www.abataxaccounting.com/blog.php?id=267 Get Ready for Taxes: Here is how the new tax law revised family tax credits Wed, 07 Nov 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=267 IRS issue proposed regulations on charitable contributions and state and local tax credits http://www.abataxaccounting.com/blog.php?id=265 IRS issue proposed regulations on charitable contributions and state and local tax credits Fri, 02 Nov 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=265 Businesses can immediately expense more under the new law http://www.abataxaccounting.com/blog.php?id=264 Businesses can immediately expense more under the new law Thu, 25 Oct 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=264 Year-End Tax Planning Moves for Individuals http://www.abataxaccounting.com/blog.php?id=262 Year-End Tax Planning Moves for Individuals Wed, 24 Oct 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=262 New treatment of alimony under the new tax law http://www.abataxaccounting.com/blog.php?id=263 New treatment of alimony under the new tax law Wed, 24 Oct 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=263 Tax reform brings changes to fringe benefits that can affect an employer's bottom line http://www.abataxaccounting.com/blog.php?id=261 Tax reform brings changes to fringe benefits that can affect an employer's bottom line Thu, 18 Oct 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=261 Tax reform brings changes to real estate rehabilitation tax credit http://www.abataxaccounting.com/blog.php?id=260 Tax reform brings changes to real estate rehabilitation tax credit Wed, 17 Oct 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=260 Year-End Tax-Planning Moves for Businesses & Business Owners http://www.abataxaccounting.com/blog.php?id=259 Year-End Tax-Planning Moves for Businesses & Business Owners Wed, 10 Oct 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=259 Local Sales Tax Requirements for Minnesota Sellers http://www.abataxaccounting.com/blog.php?id=258 Local Sales Tax Requirements for Minnesota Sellers Fri, 07 Sep 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=258 Here is what taxpayers should know about penalty relief http://www.abataxaccounting.com/blog.php?id=257 What taxpayers should know about penalty relief Thu, 28 Jun 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=257 Tax Reform: Changes to Depreciation Affect Businesses http://www.abataxaccounting.com/blog.php?id=256 Tax Reform: Changes to Depreciation Affect Businesses Thu, 03 May 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=256 Report foreign bank and financial accounts each April http://www.abataxaccounting.com/blog.php?id=255 Report foreign bank and financial accounts each April Thu, 26 Apr 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=255 New rules and limitations for depreciation and expensing under the Tax Cuts and Jobs Act http://www.abataxaccounting.com/blog.php?id=254 New rules and limitations for depreciation and expensing under the Tax Cuts and Jobs Act Wed, 25 Apr 2018 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=254 Who qualifies as a dependent? http://www.abataxaccounting.com/blog.php?id=253 Who qualifies as a dependent? Sat, 10 Feb 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=253 Things to Remember About Exemptions and Dependents for Tax Year 2017 http://www.abataxaccounting.com/blog.php?id=252 Things to Remember About Exemptions and Dependents for Tax Year 2017 Wed, 07 Feb 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=252 Is home mortgage and home equity loan interest still deductible under the new law? http://www.abataxaccounting.com/blog.php?id=251 Is home mortgage and home equity loan interest still deductible under the new law? Tue, 06 Feb 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=251 What\'s New On 2017 Form 1065, Return Of Partnership Income http://www.abataxaccounting.com/blog.php?id=250 2017 Form 1065, U.S. Return of Partnership Income Fri, 02 Feb 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=250 January 31 is Deadline For W-2s and Certain 1099-Miscs http://www.abataxaccounting.com/blog.php?id=249 January 31 Filing Deadline Applies to Wage Statements and Independent Contractor Forms Mon, 29 Jan 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=249 Deductibility of Casualty and Theft Losses Under The New Law http://www.abataxaccounting.com/blog.php?id=248 Deductibility of Casualty and Theft Losses Under The New Law Tue, 23 Jan 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=248 2017 Tax Reform: Game-Changing Tax Overhaul in Effect For Businesses In 2018 http://www.abataxaccounting.com/blog.php?id=247 2017 Tax Reform: Game-Changing Tax Overhaul in Effect For Businesses In 2018 Wed, 17 Jan 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=247 IRS Issued guidance on Revocation or Denial of Passports to Delinquent Taxpayers http://www.abataxaccounting.com/blog.php?id=246 IRS Issued guidance on Revocation or Denial of Passports to Delinquent Taxpayers Tue, 16 Jan 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=246 What\'s new for 2018: Game-changing tax overhaul in place for individuals-Part II http://www.abataxaccounting.com/blog.php?id=245 What's new for 2018: Game-changing tax overhaul in place for individuals-Part II Fri, 05 Jan 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=245 Possible Impacts of Federal Tax Reform on State Taxation http://www.abataxaccounting.com/blog.php?id=244 Possible Impacts of Federal Tax Reform on State Taxation Thu, 04 Jan 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=244 W-2 and W-3 Forms Filing Deadlines are in January http://www.abataxaccounting.com/blog.php?id=243 W-2 and W-3 Forms Filing Deadlines are in January Wed, 03 Jan 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=243 Medical Device Tax Back in Effect After Two-Year Pause http://www.abataxaccounting.com/blog.php?id=242 Medical Device Tax Back in Effect After Two-Year Pause Wed, 03 Jan 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=242 GOLDMAN WARNS OF $5-BLN EARNINGS HIT FROM U.S. TAX LAW http://www.abataxaccounting.com/blog.php?id=241 GOLDMAN WARNS OF $5-BLN EARNINGS HIT FROM U.S. TAX LAW Tue, 02 Jan 2018 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=241 IRS Cautions U.S. Taxpayers On Prepaying Property Taxes http://www.abataxaccounting.com/blog.php?id=240 IRS Cautions U.S. Taxpayers On Prepaying Property Taxes Fri, 29 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=240 $1.3 BLN WRITEDOWN for BARCLAYS FROM U.S. TAX REFORM http://www.abataxaccounting.com/blog.php?id=239 $1.3 BLN WRITEDOWN for BARCLAYS FROM U.S. TAX REFORM Thu, 28 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=239 Under new tax law $10,000 limit on state and local tax deduction. http://www.abataxaccounting.com/blog.php?id=238 Under new tax law $10,000 limit on state and local tax deduction. Wed, 27 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=238 2017 Tax Reform: Dividends-Received Deduction Percentages Reduced http://www.abataxaccounting.com/blog.php?id=237 2017 Tax Reform: Dividends-Received Deduction Percentages Reduced Tue, 26 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=237 2017 Tax Reform: New Income Tax Rates & Brackets http://www.abataxaccounting.com/blog.php?id=236 2017 Tax Reform: New Income Tax Rates & Brackets Sat, 23 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=236 2017 Tax Reform: Corporate Tax Rates Reduced http://www.abataxaccounting.com/blog.php?id=235 2017 Tax Reform: Corporate Tax Rates Reduced Sat, 23 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=235 New 20% deduction for qualified business income http://www.abataxaccounting.com/blog.php?id=234 New 20% deduction for qualified business income (pass-through income) under the TCJA Fri, 22 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=234 Complete Analysis of the Tax Cuts and Jobs Act December 20 2017 http://www.abataxaccounting.com/blog.php?id=233 Complete Analysis of the Tax Cuts and Jobs Act December 20 2017 Thu, 21 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=233 2017 Tax Reform: Last-minute year-end moves in light of Tax Cuts and Jobs Act http://www.abataxaccounting.com/blog.php?id=232 2017 Tax Reform: Last-minute year-end moves in light of Tax Cuts and Jobs Act Wed, 20 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=232 2017 Recap of Tax Provisions for Individuals http://www.abataxaccounting.com/blog.php?id=231 2017 Recap of Tax Provisions for Individuals Mon, 18 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=231 Get to Know the Taxpayer Bill of Rights - Part 2 http://www.abataxaccounting.com/blog.php?id=230 Get to Know the Taxpayer Bill of Rights - Part 2 Mon, 11 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=230 2017 Year-End Tax Planning For Businesses http://www.abataxaccounting.com/blog.php?id=229 2017 Year-End Tax Planning For Businesses Fri, 08 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=229 Get to Know the Taxpayer Bill of Rights - Part 1 http://www.abataxaccounting.com/blog.php?id=228 Get to Know the Taxpayer Bill of Rights - Part 1 Wed, 06 Dec 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=228 Steps Data Breach Victims Can Take http://www.abataxaccounting.com/blog.php?id=227 Steps Data Breach Victims Can Take Thu, 30 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=227 Don't Take the Bait; Avoid Phishing Emails by Data Thieves http://www.abataxaccounting.com/blog.php?id=226 Don't Take the Bait; Avoid Phishing Emails by Data Thieves Tue, 28 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=226 Steps to Keep Online Data Safe http://www.abataxaccounting.com/blog.php?id=225 Steps to Keep Online Data Safe Mon, 27 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=225 Get Ready for Taxes: Donations May Cut Tax Bills http://www.abataxaccounting.com/blog.php?id=224 Donations May Cut Tax Bills Thu, 23 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=224 Things to Remember about Hobby Income and Expenses http://www.abataxaccounting.com/blog.php?id=223 Things to Remember about Hobby Income and Expenses Tue, 21 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=223 Things to Do When an IRS Letter Arrives http://www.abataxaccounting.com/blog.php?id=222 Things to Do When an IRS Letter Arrives Thu, 16 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=222 Small Business funding http://www.abataxaccounting.com/blog.php?id=221 Get more funding Wed, 15 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=221 Taxpayers Should do an End-of-Year Withholding Check-up http://www.abataxaccounting.com/blog.php?id=220 Taxpayers Should do an End-of-Year Withholding Check-up Tue, 14 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=220 Manage your finances http://www.abataxaccounting.com/blog.php?id=219 Manage your finances Tue, 14 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=219 Is it really the IRS calling? http://www.abataxaccounting.com/blog.php?id=218 Is it really the IRS calling? Thu, 09 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=218 Business Bad Debt vs. Nonbusiness Bad Debt http://www.abataxaccounting.com/blog.php?id=217 Business Bad Debt vs. Nonbusiness Bad Debt Mon, 06 Nov 2017 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=217 2017 Year-End Tax Planning Strategies for Businesses http://www.abataxaccounting.com/blog.php?id=216 2017 Year-End Tax Planning Strategies for Businesses Thu, 02 Nov 2017 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=216 How to Know if the Knock on Your Door is Actually Someone from the IRS http://www.abataxaccounting.com/blog.php?id=215 How to Know if the Knock on Your Door is Actually Someone from the IRS Tue, 31 Oct 2017 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=215 Things to Know about Taxes and Starting a Business http://www.abataxaccounting.com/blog.php?id=214 Things to Know about Taxes and Starting a Business Mon, 30 Oct 2017 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=214 Basis of a Residence http://www.abataxaccounting.com/blog.php?id=213 Determining Basis of a Residence Sat, 28 Oct 2017 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=213 Taxpayer Could Not Deduct Abandoned Real Property http://www.abataxaccounting.com/blog.php?id=212 Taxpayer Could Not Deduct Abandoned Real Property Mon, 09 Nov 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=212 Health Care?Reporting Reminder for Applicable Large Employers http://www.abataxaccounting.com/blog.php?id=211 Health Care?Reporting Reminder for Applicable Large Employers Mon, 12 Oct 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=211 Tax-saving moves for the rest of 2015. http://www.abataxaccounting.com/blog.php?id=210 Tax-saving moves for the rest of 2015. Fri, 09 Oct 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=210 Shareholders Were Liable for Corporation\'s Unpaid Taxes http://www.abataxaccounting.com/blog.php?id=208 Shareholders Were Liable for Corporation's Unpaid Taxes Thu, 08 Oct 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=208 Prop. Reg. Provides Rules for the Contemporaneous Charitable Acknowledgement Exception http://www.abataxaccounting.com/blog.php?id=206 Prop. Reg. Provides Rules for the Contemporaneous Charitable Acknowledgement Exception Fri, 18 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=206 Offshore anti-abuse and other foreign provisions in the HIRE Act http://www.abataxaccounting.com/blog.php?id=207 Offshore anti-abuse and other foreign provisions in the HIRE Act Fri, 18 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=207 Simplified per-diem rates increase for post-Sept. 30 business travel http://www.abataxaccounting.com/blog.php?id=205 Simplified per-diem rates increase for post-Sept. 30 business travel Thu, 17 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=205 Inclusion of RICs in the definition of qualified investment entity is extended for certain FIRPTA purposes through 2013 http://www.abataxaccounting.com/blog.php?id=203 Inclusion of RICs in the definition of qualified investment entity is extended for certain FIRPTA purposes through 2013 Wed, 16 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=203 Sept. 15 deadline looms for corporations and partnerships with filing extensions http://www.abataxaccounting.com/blog.php?id=201 Sept. 15 deadline looms for corporations and partnerships with filing extensions Mon, 14 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=201 IRS\'s Voluntary Classification Settlement Program for misclassified workers http://www.abataxaccounting.com/blog.php?id=200 IRS's Voluntary Classification Settlement Program for misclassified workers Fri, 11 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=200 Converting Nondeductible Personal Interest into Deductible Expense http://www.abataxaccounting.com/blog.php?id=199 Converting Nondeductible Personal Interest into Deductible Expense Thu, 10 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=199 Converting Nondeductible Personal Interest into Deductible Expense http://www.abataxaccounting.com/blog.php?id=198 Converting Nondeductible Personal Interest into Deductible Expense Thu, 10 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=198 Legal Education Expenses Were Not Deductible http://www.abataxaccounting.com/blog.php?id=197 Legal Education Expenses Were Not Deductible Wed, 09 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=197 Taxpayer\'s Real Estate Activity Lacked Profit Motive http://www.abataxaccounting.com/blog.php?id=196 Taxpayer's Real Estate Activity Lacked Profit Motive Tue, 08 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=196 MEDICAL MARIJUANA DISPENSARY\'S DEDUCTIONS DENIED http://www.abataxaccounting.com/blog.php?id=195 MEDICAL MARIJUANA DISPENSARY'S DEDUCTIONS DENIED Mon, 07 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=195 No Principal Residence Gain Exclusion after Seller Reacquires Property http://www.abataxaccounting.com/blog.php?id=194 No Principal Residence Gain Exclusion after Seller Reacquires Property Wed, 02 Sep 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=194 Key Tax Tips on the Tax Effects of Divorce or Separation http://www.abataxaccounting.com/blog.php?id=193 Key Tax Tips on the Tax Effects of Divorce or Separation Wed, 26 Aug 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=193 Donees\' Liability for Unpaid Gift Tax Limited to Value of Gift http://www.abataxaccounting.com/blog.php?id=192 Donees' Liability for Unpaid Gift Tax Limited to Value of Gift Wed, 26 Aug 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=192 IRS Can\'t Stack Penalties and Interest on Unexplained Fines http://www.abataxaccounting.com/blog.php?id=191 IRS Can't Stack Penalties and Interest on Unexplained Fines Thu, 06 Aug 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=191 Real Estate Transfer Disallowed as Alimony http://www.abataxaccounting.com/blog.php?id=190 Real Estate Transfer Disallowed as Alimony Tue, 28 Jul 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=190 Managing capital gain to minimize the pain. http://www.abataxaccounting.com/blog.php?id=189 Managing capital gain to minimize the pain. Fri, 24 Jul 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=189 What happens if the IRS audits a taxpayer's business? http://www.abataxaccounting.com/blog.php?id=188 What happens if the IRS audits a taxpayer's business? Thu, 23 Jul 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=188 Lump-Sum Payment Reportable As Rent In Year Received http://www.abataxaccounting.com/blog.php?id=187 Lump-Sum Payment Reportable As Rent In Year Received Wed, 22 Jul 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=187 S corporations are subject to same lower interest rates on tax overpayments as C corporations http://www.abataxaccounting.com/blog.php?id=186 S corporations are subject to same lower interest rates on tax overpayments as C corporations Tue, 21 Jul 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=186 What happens if the IRS audits a taxpayer\'s business? http://www.abataxaccounting.com/blog.php?id=185 What happens if the IRS audits a taxpayer's business? Tue, 14 Jul 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=185 Tax breaks for travelers who mix some pleasure with their business travel http://www.abataxaccounting.com/blog.php?id=184 Tax breaks for travelers who mix some pleasure with their business travel Fri, 10 Jul 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=184 Offshore tax zones cost developing countries $100 billion a year http://www.abataxaccounting.com/blog.php?id=183 Offshore tax zones cost developing countries $100 billion a year Tue, 07 Jul 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=183 Corporate tax reputation risk greater than ever http://www.abataxaccounting.com/blog.php?id=182 Corporate tax reputation risk greater than ever Wed, 01 Jul 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=182 Failure-to-deposit penalty relief for taxpayers unable to open a bank account http://www.abataxaccounting.com/blog.php?id=181 Failure-to-deposit penalty relief for taxpayers unable to open a bank account Fri, 26 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=181 Determining Partnership\'s Recourse Debt for COD Income http://www.abataxaccounting.com/blog.php?id=180 Determining Partnership's Recourse Debt for COD Income Thu, 25 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=180 Employment Taxes?Third-party Agent\'s Liability http://www.abataxaccounting.com/blog.php?id=179 Employment Taxes?Third-party Agent's Liability Wed, 24 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=179 Deductible Legal Fees http://www.abataxaccounting.com/blog.php?id=178 Deductible Legal Fees Wed, 24 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=178 Taxpayers Did Not Have Cancellation of Indebtedness Income http://www.abataxaccounting.com/blog.php?id=177 Taxpayers Did Not Have Cancellation of Indebtedness Income Tue, 23 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=177 Deductions for Vacation Home Denied http://www.abataxaccounting.com/blog.php?id=176 Deductions for Vacation Home Denied Mon, 22 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=176 Taxpayers Denied Charitable Contribution Deduction for Easement Donation http://www.abataxaccounting.com/blog.php?id=175 Taxpayers Denied Charitable Contribution Deduction for Easement Donation Wed, 17 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=175 Income From Partnership Subject To Self-Employment Tax http://www.abataxaccounting.com/blog.php?id=174 Partnerships, S Corporations & LLCs Tue, 16 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=174 Partnership Did Not Qualify For Small Partnership Exception http://www.abataxaccounting.com/blog.php?id=173 Partnership Did Not Qualify For Small Partnership Exception Mon, 15 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=173 Taxpayer Must Recognize Gain on Property Exchanges http://www.abataxaccounting.com/blog.php?id=172 Taxpayer Must Recognize Gain on Property Exchanges Sat, 13 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=172 Taxpayer Denied Mortgage Interest Deduction http://www.abataxaccounting.com/blog.php?id=171 Taxpayer Denied Mortgage Interest Deduction Fri, 12 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=171 IRS explains how certain taxpayers can file delinquent FBARs without penalty http://www.abataxaccounting.com/blog.php?id=170 IRS explains how certain taxpayers can file delinquent FBARs without penalty Thu, 11 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=170 Taxpayers with Foreign Assets May Have FBAR and FATCA Filing Requirements in June http://www.abataxaccounting.com/blog.php?id=169 Taxpayers with Foreign Assets May Have FBAR and FATCA Filing Requirements in June Wed, 10 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=169 Company\'s Internal Documents Protected by Attorney-client Privilege http://www.abataxaccounting.com/blog.php?id=168 Company's Internal Documents Protected by Attorney-client Privilege Wed, 10 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=168 Loss on Sale of Vacation Home Disallowed http://www.abataxaccounting.com/blog.php?id=167 Loss on Sale of Vacation Home Disallowed Tue, 09 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=167 Corporation\'s Dissolution under State Law Didn\'t Cause Federal Termination http://www.abataxaccounting.com/blog.php?id=166 Corporation's Dissolution under State Law Didn't Cause Federal Termination Fri, 05 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=166 Foreign Bank and Financial Accounts Report (FBAR) Penalties http://www.abataxaccounting.com/blog.php?id=165 Foreign Bank and Financial Accounts Report (FBAR) Penalties Thu, 04 Jun 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=165 No Stepped-up Basis for Gift to Nonresident Alien Spouse http://www.abataxaccounting.com/blog.php?id=164 No Stepped-up Basis for Gift to Nonresident Alien Spouse Fri, 15 May 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=164 No Alimony Deduction for Payments Made in Arrears http://www.abataxaccounting.com/blog.php?id=163 No Alimony Deduction for Payments Made in Arrears Fri, 15 May 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=163 Gross valuation misstatement penalty applied where partnership inflated basis of its chemical plant http://www.abataxaccounting.com/blog.php?id=162 Gross valuation misstatement penalty applied where partnership inflated basis of its chemical plant Thu, 14 May 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=162 Partnership didn\'t have liability, so partner couldn\'t assume it and increase his basis http://www.abataxaccounting.com/blog.php?id=161 Partnership didn't have liability, so partner couldn't assume it and increase his basis Tue, 12 May 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=161 Payments to Sole Shareholder Did Not Constitute Reasonable Compensation http://www.abataxaccounting.com/blog.php?id=160 Payments to Sole Shareholder Did Not Constitute Reasonable Compensation Mon, 11 May 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=160 Reasonable Compensation for S Corporation Shareholder-Employees http://www.abataxaccounting.com/blog.php?id=159 Reasonable Compensation for S Corporation Shareholder-Employees Wed, 06 May 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=159 Tax benefits from hiring children to work in the family business http://www.abataxaccounting.com/blog.php?id=158 Tax benefits from hiring children to work in the family business Tue, 05 May 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=158 Taxpayer Could Not Exclude His Foreign Earned Income http://www.abataxaccounting.com/blog.php?id=157 Taxpayer Could Not Exclude His Foreign Earned Income Mon, 04 May 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=157 Expenses for Moving Wife\'s Belongings Were Not Deductible http://www.abataxaccounting.com/blog.php?id=156 Expenses for Moving Wife's Belongings Were Not Deductible Mon, 04 May 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=156 Taxpayer Not Entitled To Exemption Deductions http://www.abataxaccounting.com/blog.php?id=155 Taxpayer Not Entitled To Exemption Deductions Thu, 30 Apr 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=155 IRS Reminds Those with Foreign Assets of U.S. Tax Obligations http://www.abataxaccounting.com/blog.php?id=154 IRS Reminds Those with Foreign Assets of U.S. Tax Obligations Sat, 11 Apr 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=154 How IRS should better control third-party payroll service providers http://www.abataxaccounting.com/blog.php?id=153 How IRS should better control third-party payroll service providers Thu, 09 Apr 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=153 Apply the four-year rule when throwing away old payroll records http://www.abataxaccounting.com/blog.php?id=152 Apply the four-year rule when throwing away old payroll records Wed, 08 Apr 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=152 File on Time Even if You Can?t Pay http://www.abataxaccounting.com/blog.php?id=151 File on Time Even if You Can?t Pay Tue, 07 Apr 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=151 Tax consequences of debt discharge income http://www.abataxaccounting.com/blog.php?id=150 Tax consequences of debt discharge income Mon, 06 Apr 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=150 IRS Commissioner cites successes of "new IRS" and challenges facing cash-strapped agency http://www.abataxaccounting.com/blog.php?id=149 IRS Commissioner cites successes of "new IRS" and challenges facing cash-strapped agency Thu, 02 Apr 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=149 Taxpayers Denied Rental Real Estate Loss Deduction http://www.abataxaccounting.com/blog.php?id=148 Taxpayers Denied Rental Real Estate Loss Deduction Wed, 01 Apr 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=148 Home Office Deduction Fails Exclusive Business Use Test http://www.abataxaccounting.com/blog.php?id=146 Home Office Deduction Fails Exclusive Business Use Test Tue, 31 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=146 EGG DONOR RECEIVED TAXABLE COMPENSATION FOR SERVICES http://www.abataxaccounting.com/blog.php?id=147 EGG DONOR RECEIVED TAXABLE COMPENSATION FOR SERVICES Tue, 31 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=147 Taxpayer materially participated in related real estate entreprises; large loss allowed http://www.abataxaccounting.com/blog.php?id=145 Taxpayer materially participated in related real estate entreprises; large loss allowed Fri, 27 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=145 Tax tips for individuals reporting foreign income http://www.abataxaccounting.com/blog.php?id=142 Tax tips for individuals reporting foreign income Thu, 26 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=142 Substantiating charitable contributions by individuals http://www.abataxaccounting.com/blog.php?id=143 Substantiating charitable contributions by individuals Thu, 26 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=143 Is your worker an independent contractor or employee? http://www.abataxaccounting.com/blog.php?id=141 Is your worker an independent contractor or employee? Wed, 25 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=141 Tax Tips You Should Know about Employee Business Expenses http://www.abataxaccounting.com/blog.php?id=139 Tips You Should Know about Employee Business Expenses Tue, 24 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=139 Limits on a partner\'s loss deductions http://www.abataxaccounting.com/blog.php?id=140 Tax implications of losses from your partnership. Tue, 24 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=140 Key Points about Children with Investment Income http://www.abataxaccounting.com/blog.php?id=138 Key Points about Children with Investment Income Tue, 24 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=138 Tax implications of divorce http://www.abataxaccounting.com/blog.php?id=137 Tax implications of divorce Mon, 23 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=137 Opportunities for nonfilers to re-enter the system http://www.abataxaccounting.com/blog.php?id=136 Opportunities for nonfilers to re-enter the system Sat, 21 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=136 Making the Most of the Favorable Capital Gains Rules for Individuals http://www.abataxaccounting.com/blog.php?id=135 Making the Most of the Favorable Capital Gains Rules for Individuals Fri, 20 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=135 Lost money from investing in a fraudulent investment arrangement such as Madoff\'s Ponzi scheme http://www.abataxaccounting.com/blog.php?id=134 Deduction for losses in Ponzi schemes Thu, 19 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=134 Outsourcing Payroll Duties http://www.abataxaccounting.com/blog.php?id=133 Outsourcing Payroll Duties Wed, 18 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=133 How to open and fund myRAs http://www.abataxaccounting.com/blog.php?id=131 How to open and fund myRAs, a US Treasury- administered Roth-IRA variant Tue, 17 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=131 Gambling Income and Losses http://www.abataxaccounting.com/blog.php?id=132 Gambling Income and Losses Tue, 17 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=132 Tax aspects of sole proprietorship. http://www.abataxaccounting.com/blog.php?id=130 Tax aspects of self-employment Fri, 13 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=130 How to Cope With the Nanny Tax http://www.abataxaccounting.com/blog.php?id=129 How to Cope With the Nanny Tax Thu, 12 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=129 IRS Has Refunds Totaling $1 Billion for People Who Have Not Filed a 2011 Federal Income Tax Return http://www.abataxaccounting.com/blog.php?id=128 IRS Has Refunds Totaling $1 Billion for People Who Have Not Filed a 2011 Federal Income Tax Return Wed, 11 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=128 C corporation as choice of entity http://www.abataxaccounting.com/blog.php?id=127 Summary of the major advantages and disadvantages of doing business as a C corporation Tue, 10 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=127 How ACA\'s employer shared responsibility rules apply to companies during 2015 http://www.abataxaccounting.com/blog.php?id=126 How ACA's employer shared responsibility rules apply to companies during 2015 Mon, 09 Mar 2015 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=126 Planning to prevent loss of tax attributes at death http://www.abataxaccounting.com/blog.php?id=125 Planning to prevent loss of tax attributes at death Sat, 07 Mar 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=125 Tax Tips about Home Mortgage Debt Cancellation http://www.abataxaccounting.com/blog.php?id=124 Tax Tips about Home Mortgage Debt Cancellation Thu, 05 Mar 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=124 Shareholders guarantee of loan to a close corporation http://www.abataxaccounting.com/blog.php?id=123 Guarantee a loan to your corporation Thu, 05 Mar 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=123 Limited liability company as choice of entity http://www.abataxaccounting.com/blog.php?id=122 Reasons why it might be appropriate for your business to operate as a limited liability company Wed, 04 Mar 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=122 Tax Refunds Reach Almost $125 Billion Mark http://www.abataxaccounting.com/blog.php?id=121 Tax Refunds Reach Almost $125 Billion Mark Fri, 27 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=121 Another circuit holds that tax debt on late-filed return rarely dischargeable in bankruptcy http://www.abataxaccounting.com/blog.php?id=120 Another circuit holds that tax debt on late-filed return rarely dischargeable in bankruptcy Fri, 27 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=120 Social Security Benefits and Your Taxes http://www.abataxaccounting.com/blog.php?id=119 Social Security Benefits and Your Taxes Tue, 24 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=119 Caution is advised when outsourcing payroll payments http://www.abataxaccounting.com/blog.php?id=118 Caution is advised when outsourcing payroll payments Tue, 24 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=118 Can an owner of rental real estate qualify as a real estate professional? http://www.abataxaccounting.com/blog.php?id=117 Can an owner of rental real estate qualify as a real estate professional? Mon, 23 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=117 Are you expecting to receive large gifts or bequests from non-US. persons during the year http://www.abataxaccounting.com/blog.php?id=116 Are you expecting to receive large gifts or bequests from non-US. persons during the year Fri, 20 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=116 What You Should Know if You Changed Your Name http://www.abataxaccounting.com/blog.php?id=115 What You Should Know if You Changed Your Name Thu, 19 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=115 Deducting travel expenses of teachers or professors for job-related education http://www.abataxaccounting.com/blog.php?id=114 Deducting travel expenses of teachers or professors for job-related education Wed, 18 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=114 Self-employed deduction for health insurance costs http://www.abataxaccounting.com/blog.php?id=113 Self-employed deduction for health insurance costs Tue, 17 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=113 How to take a loan from your controlled corporation and avoid dividend treatment http://www.abataxaccounting.com/blog.php?id=112 How to take a loan from your controlled corporation and avoid dividend treatment Mon, 16 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=112 Bitcoin-tax planning in the uncertain world of virtual currency http://www.abataxaccounting.com/blog.php?id=111 Bitcoin-tax planning in the uncertain world of virtual currency Fri, 13 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=111 The Affordable Care Act?s Employer Shared Responsibility Provisions http://www.abataxaccounting.com/blog.php?id=110 The Affordable Care Act?s Employer Shared Responsibility Provisions Thu, 12 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=110 How to pay the minimum in estimated tax without triggering the estimated-tax underpayment penalty http://www.abataxaccounting.com/blog.php?id=109 How to pay the minimum in estimated tax without triggering the estimated-tax underpayment penalty Thu, 12 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=109 No penalty for early withdrawal of IRA funds to pay higher education expenses http://www.abataxaccounting.com/blog.php?id=108 No penalty for early withdrawal of IRA funds to pay higher education expenses Wed, 11 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=108 Tax breaks for those who do volunteer work for charity http://www.abataxaccounting.com/blog.php?id=107 Tax breaks for those who do volunteer work for charity Tue, 10 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=107 Standard mileage rates for 2015 http://www.abataxaccounting.com/blog.php?id=105 Standard mileage rates for 2015 Sat, 07 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=105 Corporation Did Not Qualify As A Bank Under Section 581 http://www.abataxaccounting.com/blog.php?id=106 Corporation Did Not Qualify As A Bank Under Section 581 Sat, 07 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=106 S Corporation\'s Claimed Business Deductions Disallowed http://www.abataxaccounting.com/blog.php?id=103 Partnerships, S Corporations & LLCs Fri, 06 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=103 IRS disagrees with partner exclusion of partnership\'s debt cancellation income http://www.abataxaccounting.com/blog.php?id=102 IRS disagrees with partner exclusion of partnership's debt cancellation income Wed, 04 Feb 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=102 Is your worker an independent contractor or employee? http://www.abataxaccounting.com/blog.php?id=100 Is your worker an independent contractor or employee? Fri, 30 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=100 If You Work, The Earned Income Tax Credit Can Work For You! http://www.abataxaccounting.com/blog.php?id=101 If You Work, The Earned Income Tax Credit Can Work For You! Fri, 30 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=101 IRS guidance on how illegal drug businesses should compute cost of goods sold http://www.abataxaccounting.com/blog.php?id=99 IRS guidance on how illegal drug businesses should compute cost of goods sold Thu, 29 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=99 Tax Audits http://www.abataxaccounting.com/blog.php?id=97 Tax Audits Wed, 28 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=97 Hiding Money or Income Offshore Among the ?Dirty Dozen? List of Tax Scams for the 2015 Filing Season http://www.abataxaccounting.com/blog.php?id=98 Hiding Money or Income Offshore Among the ?Dirty Dozen? List of Tax Scams for the 2015 Filing Season Wed, 28 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=98 IRS allows taxpayer to re-elect the foreign earned income exclusion http://www.abataxaccounting.com/blog.php?id=96 IRS allows taxpayer to re-elect the foreign earned income exclusion Tue, 27 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=96 Germany and Austria start new initiative for an EU financial transactions tax http://www.abataxaccounting.com/blog.php?id=95 Germany and Austria start new initiative for an EU financial transactions tax Tue, 27 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=95 Top Tax Facts about Exemptions and Dependents http://www.abataxaccounting.com/blog.php?id=93 Top Tax Facts about Exemptions and Dependents Mon, 26 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=93 Enrolled in 2014 Commercial Coverage Through MNsure? Form 1095-A Arriving in Mailboxes Soon http://www.abataxaccounting.com/blog.php?id=94 Enrolled in 2014 Commercial Coverage Through MNsure? Form 1095-A Arriving in Mailboxes Soon Mon, 26 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=94 What\'s new on Form 1040 for tax year 2014?Part II http://www.abataxaccounting.com/blog.php?id=91 What's new on Form 1040 for tax year 2014?Part II Fri, 23 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=91 Tax character of compensation. http://www.abataxaccounting.com/blog.php?id=92 Tax character of compensation. Fri, 23 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=92 What\'s new on Form 1040 for tax year 2014?Part I http://www.abataxaccounting.com/blog.php?id=89 What's new on Form 1040 for tax year 2014?Part I Thu, 22 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=89 Democrats introduce legislation to curb corporate tax inversions http://www.abataxaccounting.com/blog.php?id=90 Democrats introduce legislation to curb corporate tax inversions Thu, 22 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=90 Switzerland revises rules on tax deductions for expatriates http://www.abataxaccounting.com/blog.php?id=87 Switzerland revises rules on tax deductions for expatriates Wed, 21 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=87 S CORPORATION\'S CLAIMED BUSINESS DEDUCTIONS DISALLOWED http://www.abataxaccounting.com/blog.php?id=88 PARTNERSHIPS, S CORPORATIONS & LLCs Wed, 21 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=88 IRS provides revised procedures for automatic consent to accounting method change http://www.abataxaccounting.com/blog.php?id=86 IRS provides revised procedures for automatic consent to accounting method change Tue, 20 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=86 Mortgage interest deduction OK\'d for beneficial owner of home http://www.abataxaccounting.com/blog.php?id=85 Mortgage interest deduction OK'd for beneficial owner of home Fri, 16 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=85 Procedure for employers to deal with retroactive increase in excludible transit benefits http://www.abataxaccounting.com/blog.php?id=84 Procedure for employers to deal with retroactive increase in excludible transit benefits Thu, 15 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=84 Penalty for failure to file S Corporation returns is increased for inflation http://www.abataxaccounting.com/blog.php?id=83 Penalty for failure to file S Corporation returns is increased for inflation Sat, 03 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=83 Foreign Account Tax Compliance Act (FATCA) simplified http://www.abataxaccounting.com/blog.php?id=82 Foreign Account Tax Compliance Act (FATCA) simplified Fri, 02 Jan 2015 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=82 Penalty for failure to file partnership returns is increased for inflation http://www.abataxaccounting.com/blog.php?id=80 Penalty for failure to file partnership returns is increased for inflation Wed, 31 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=80 IRS targets U.S. tax cheats by summoning records from shipping and financial service providers http://www.abataxaccounting.com/blog.php?id=79 IRS targets U.S. tax cheats by summoning records from shipping and financial service providers Wed, 31 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=79 Change to EU VAT laws affect sellers of digital services starting Jan. 1, 2015. http://www.abataxaccounting.com/blog.php?id=81 Change to EU VAT laws affect sellers of digital services starting Jan. 1, 2015. Wed, 31 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=81 Year-end gifts to family members. http://www.abataxaccounting.com/blog.php?id=77 Year-end gifts to family members. Wed, 24 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=77 Computer software costs http://www.abataxaccounting.com/blog.php?id=78 Computer software costs Wed, 24 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=78 Minnesota Supreme Court Upholds Tax on Sale of Partially Customized Software http://www.abataxaccounting.com/blog.php?id=76 Court Upholds Tax on Sale of Partially Customized Software Tue, 23 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=76 Bonus depreciation and AMT relief are retroactively extended http://www.abataxaccounting.com/blog.php?id=73 Bonus depreciation and AMT relief are retroactively extended to apply to property placed in service before Jan. 1, 2015 Fri, 19 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=73 AB Tax Accounting Special Study: Individual Tax Breaks Retroactively Extended by the Tax Increase Prevention Act of 2014 http://www.abataxaccounting.com/blog.php?id=75 Individual Tax Breaks Retroactively Extended by the Tax Increase Prevention Act of 2014 Fri, 19 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=75 AB Tax Accounting Special Study: Individual Tax Breaks Retroactively Extended by the Tax Increase Prevention Act of 2014 http://www.abataxaccounting.com/blog.php?id=74 Individual Tax Breaks Retroactively Extended by the Tax Increase Prevention Act of 2014 Fri, 19 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=74 Individual extenders in the 2014 Tax Increase Prevention Act http://www.abataxaccounting.com/blog.php?id=69 Individual extenders in the 2014 Tax Increase Prevention Act Thu, 18 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=69 IRA Year- End Reminders http://www.abataxaccounting.com/blog.php?id=70 IRA Year- End Thu, 18 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=70 Establishment of ABLE accounts in the 2014 ABLE Act http://www.abataxaccounting.com/blog.php?id=72 Establishment of ABLE accounts in the 2014 ABLE Act Thu, 18 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=72 Energy-related tax breaks extended in the 2014 Tax Increase Prevention Act http://www.abataxaccounting.com/blog.php?id=71 Energy-related tax breaks extended in the 2014 Tax Increase Prevention Act Thu, 18 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=71 Year-End Tax-Planning Moves for Businesses & Business Owners http://www.abataxaccounting.com/blog.php?id=66 Year-End Tax-Planning Moves for Businesses & Business Owners Wed, 17 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=66 Overview of 2014 Tax Increase Prevention Act http://www.abataxaccounting.com/blog.php?id=67 2014 Tax Increase Prevention Act Wed, 17 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=67 Business extenders in the 2014 Tax Increase Prevention Act http://www.abataxaccounting.com/blog.php?id=68 Business extenders in the 2014 Tax Increase Prevention Act Wed, 17 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=68 Corporation Was Not Entitled To Deduct Amount of Shareholder\'s Bonus Check http://www.abataxaccounting.com/blog.php?id=65 Corporation Was Not Entitled To Deduct Amount of Shareholder's Bonus Check Tue, 16 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=65 Year-End Tax Planning Moves for Individuals http://www.abataxaccounting.com/blog.php?id=64 Year-End Tax Planning Moves for Individuals Mon, 15 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=64 How to make withdrawals from your closely held corporation that are not taxed as dividends http://www.abataxaccounting.com/blog.php?id=63 How to withdraw cash from your corporation at a minimum tax cost. Sat, 13 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=63 Year-end planning: Tax factors in buying a car for personal use http://www.abataxaccounting.com/blog.php?id=60 Tax factors in buying a car for personal use Fri, 12 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=60 U.S. Reporting requirement for recipients of foreign gifts http://www.abataxaccounting.com/blog.php?id=61 Large gifts or bequests from non-US. Persons. Fri, 12 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=61 Year-end tax tips for employees http://www.abataxaccounting.com/blog.php?id=58 Year-end tax planning Thu, 11 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=58 Checklist of things to do before the end of 2014. http://www.abataxaccounting.com/blog.php?id=57 Year-end tax planning strategies Thu, 11 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=57 Business website costs http://www.abataxaccounting.com/blog.php?id=59 Business website costs Thu, 11 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=59 Tax Audits http://www.abataxaccounting.com/blog.php?id=55 IRS Audit Representation Wed, 10 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=55 IRS Announces New 2015 Standard Mileage Rates http://www.abataxaccounting.com/blog.php?id=56 New 2015 Standard Mileage Rates Wed, 10 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=56 European finance ministers approve new anti-abuse clause in the Parent-Subsidiary Directive http://www.abataxaccounting.com/blog.php?id=54 New anti-abuse clause in the Parent-Subsidiary Directive Wed, 10 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=54 Year-end tax planning http://www.abataxaccounting.com/blog.php?id=51 Year-end tax planning is especially challenging this year because Congress has yet to act on a host of tax breaks that expired at the end of 2013. Tue, 09 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=51 When C corporations should defer or accelerate income. http://www.abataxaccounting.com/blog.php?id=53 Defer or accelerate income Tue, 09 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=53 Top Four Year-End IRA Reminders http://www.abataxaccounting.com/blog.php?id=52 Individual Retirement Accounts are an important way to save for retirement Tue, 09 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=52 The U.S. and Cyprus sign agreement to implement FATCA http://www.abataxaccounting.com/blog.php?id=50 International Tax Services Thu, 04 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=50 No relief for spouse who generated most of the couple's tax liability http://www.abataxaccounting.com/blog.php?id=49 No relief for spouse who generated most of the couple's tax liability. The Tax Court has denied a dental surgeon equitable innocent spouse relief from a joint tax liability with her former husband that mostly resulted from her self-employment as a dentist and the sale of her practice. Thu, 04 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=49 Converting Nondeductible Personal Interest into Deductible Expense http://www.abataxaccounting.com/blog.php?id=48 Converting Nondeductible Personal Interest into Deductible Expense Wed, 03 Dec 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=48 Facts about Capital Gains and Losses http://www.abataxaccounting.com/blog.php?id=47 Capital Gains and Losses Thu, 27 Nov 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=47 Tax Tips from IRS for Year-End Gifts to Charity http://www.abataxaccounting.com/blog.php?id=46 Year-End Gifts to Charity Tax Tips Tue, 25 Nov 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=46 When to use Accelerating Income and Deductions http://www.abataxaccounting.com/blog.php?id=45 Year-end tax strategy Accelerating Income and Deductions Fri, 21 Nov 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=45 2014 Year-End Tax Planning for Individuals http://www.abataxaccounting.com/blog.php?id=44 Year-End Tax Planning for Individuals Mon, 10 Nov 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=44 Tax Credit Helps Low- and Moderate-Income Workers Save for Retirement http://www.abataxaccounting.com/blog.php?id=43 Tax Credit Tue, 04 Nov 2014 09:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=43 How To Get Affordable Health-care For Your Small Business http://www.abataxaccounting.com/blog.php?id=41 Affordable Health-care For Your Small Business Fri, 31 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=41 Due to Inflation Adjustments Various Tax Benefits Increase In 2015 http://www.abataxaccounting.com/blog.php?id=42 Inflation Adjustments Various Tax Benefits Increase In 2015 Fri, 31 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=42 Tax Guidance Related to Ebola Outbreak in Guinea, Liberia and Sierra Leone http://www.abataxaccounting.com/blog.php?id=40 Tax Guidance Related to Ebola Outbreak in Guinea, Liberia and Sierra Leone Wed, 29 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=40 What is the best way to borrow to make consumer purchases? http://www.abataxaccounting.com/blog.php?id=39 Tax Strategies Fri, 24 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=39 Time to Act to Avoid Surprises at Tax-Time http://www.abataxaccounting.com/blog.php?id=38 Tax Tip Thu, 23 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=38 Capital Equipment - 2014 Law Change http://www.abataxaccounting.com/blog.php?id=37 ​Sales and Use Tax Mon, 20 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=37 Business Taxes http://www.abataxaccounting.com/blog.php?id=36 Small Business Accounting Mon, 20 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=36 Husband and Wife Business - What is a Qualified Joint Venture? http://www.abataxaccounting.com/blog.php?id=34 Self-Employed Individuals Tax Center Sat, 18 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=34 Business Structures http://www.abataxaccounting.com/blog.php?id=32 Self-Employed Individuals Tax Center Sat, 18 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=32 AB Tax Accounting Empowers Affordable Affiliate Startups http://www.abataxaccounting.com/blog.php?id=35 PRESS RELEASE Sat, 18 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=35 2014 Sales and Use Tax Law Changes - Animal Shelters http://www.abataxaccounting.com/blog.php?id=33 2014 Sales and Use Tax Law Changes Sat, 18 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=33 Home Office Deduction http://www.abataxaccounting.com/blog.php?id=30 Small Business Accounting Fri, 17 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=30 Fresh Start for Struggling Taxpayers http://www.abataxaccounting.com/blog.php?id=29 Tax Problems Resolution Fri, 17 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=29 Entertainment Expenses: Maximizing the Tax Benefits http://www.abataxaccounting.com/blog.php?id=31 Tax Strategies for Business Owners Fri, 17 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=31 What is Employers Responsibilities Under the Affordable Care Act http://www.abataxaccounting.com/blog.php?id=27 Affordable Care Act Thu, 16 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=27 Job Search Expenses May Lower Your Taxes http://www.abataxaccounting.com/blog.php?id=28 Job Search Expenses May Lower Your Taxes Thu, 16 Oct 2014 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=28 Is it a Business or Hobby? Answer Has Implications for Deductions http://www.abataxaccounting.com/blog.php?id=26 What New Business Owners Need to Know About Taxes Fri, 28 Sep 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=26 U.S. Treasury, United Kingdom Sign Bilateral Agreement to Improve Tax Compliance, Combat Offshore Tax Evasion and Implement (FATCA) EXPATRIATE TAX ? The U.S. Department of the Treasury announced today that it has signed a bilateral agreement with the Unit http://www.abataxaccounting.com/blog.php?id=25 U.S. Treasury, United Kingdom Sign Bilateral Agreement to Improve Tax Compliance, Combat Offshore Tax Evasion and Implement FATCA Sat, 15 Sep 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=25 Put more money in your pocket now and prevent tax bills later http://www.abataxaccounting.com/blog.php?id=23 Put more money in your pocket now and prevent tax bills later Fri, 07 Sep 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=23 It\'s not too late to file your 2011 tax return http://www.abataxaccounting.com/blog.php?id=24 It's not too late to file your 2011 tax return Fri, 07 Sep 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=24 Offer-in-Compromise Help Taxpayers Make a Fresh Start http://www.abataxaccounting.com/blog.php?id=22 Offer-in-Compromise Help Taxpayers Make a Fresh Start Wed, 29 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=22 Tips to Reduce Big Refunds and Prevent Tax Bills http://www.abataxaccounting.com/blog.php?id=21 Tips to Reduce Big Refunds and Prevent Tax Bills Fri, 24 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=21 Correctly Reporting Rental Real Estate http://www.abataxaccounting.com/blog.php?id=20 Correctly Reporting Rental Real Estate Thu, 23 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=20 Tax Tips for Recently Married Taxpayers http://www.abataxaccounting.com/blog.php?id=19 Tax Tips for Recently Married Taxpayers Fri, 17 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=19 OUTSOURCED BOOKKEEPING SERVICES http://www.abataxaccounting.com/blog.php?id=18 OUTSOURCED BOOKKEEPING SERVICES Sat, 11 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=18 Strategic Outsourcing Solutions for CPA and Law firms http://www.abataxaccounting.com/blog.php?id=17 Strategic Outsourcing Solutions for CPA and Law firms Fri, 10 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=17 Has the IRS placed tax liens on your home? http://www.abataxaccounting.com/blog.php?id=16 Has the IRS placed tax liens on your home? Fri, 10 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=16 PAYROLL TAX PROBLEMS http://www.abataxaccounting.com/blog.php?id=15 PAYROLL TAX PROBLEMS Thu, 09 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=15 Tax Implications of the Health Care Act - Businesses http://www.abataxaccounting.com/blog.php?id=14 Tax Implications of the Health Care Act Mon, 06 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=14 Selling your home? Find out what you need to know about taxes http://www.abataxaccounting.com/blog.php?id=13 Selling your home? Find out what you need to know about taxes Fri, 03 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=13 TAX IMPLICATIONS OF THE HEALTH CARE ACT http://www.abataxaccounting.com/blog.php?id=12 Tax Implications of the Health Care Act for Individuals Thu, 02 Aug 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=12 7 Biggest Misconceptions Business Owners Have About Their Returns http://www.abataxaccounting.com/blog.php?id=11 7 Biggest Misconceptions Business Owners Have About Their Returns Tue, 31 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=11 Tax Planning For Small Business Owners http://www.abataxaccounting.com/blog.php?id=10 Tax Planning For Small Business Owners Fri, 27 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=10 What Kind Of Records Do I Need To Keep In My Business? http://www.abataxaccounting.com/blog.php?id=9 Tax Strategies for Business Owners - What Kind Of Records Do I Need To Keep In My Business? Thu, 26 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=9 Congress Considers Changes in Tax Treatment of Charities http://www.abataxaccounting.com/blog.php?id=8 Congress Considers Changes in Tax Treatment of Charities Thu, 26 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=8 Expanded Adoption Tax Credit Still Available for Extension Filers http://www.abataxaccounting.com/blog.php?id=7 Expanded Adoption Tax Credit Still Available for Extension Filers Wed, 25 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=7 Celebrities and Their Tax Troubles http://www.abataxaccounting.com/blog.php?id=6 Celebrities and Their Tax Troubles Wed, 25 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=6 Study Estimates $21Trillion Stashed in Tax Havens http://www.abataxaccounting.com/blog.php?id=5 Study Estimates $21Trillion Stashed in Tax Havens Tue, 24 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=5 Renting Your Vacation Home http://www.abataxaccounting.com/blog.php?id=3 Renting Your Vacation Home Mon, 23 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=3 Independent Contractor (Self-Employed) or Employee? http://www.abataxaccounting.com/blog.php?id=4 Small Business Accounting - It is critical that you, the employer, correctly determine whether the individuals providing services are employees or independent contractors. Mon, 23 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=4 IRS Voluntary Disclosure Program http://www.abataxaccounting.com/blog.php?id=2 Taxpayers with unreported income relating to offshore transactions who wish to voluntarily disclose Fri, 20 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=2 IRS chief counsel: Self-employed taxpayers can deduct Medicare premiums http://www.abataxaccounting.com/blog.php?id=1 IRS chief counsel: Self-employed taxpayers can deduct Medicare premiums Wed, 18 Jul 2012 09:00:00 -0500 http://www.abataxaccounting.com/blog.php?id=1 Standard mileage rates for 2015 http://www.abataxaccounting.com/blog.php?id=104 Standard mileage rates for 2015 Thu, 01 Jan 1970 03:00:00 -0600 http://www.abataxaccounting.com/blog.php?id=104