Are you planning a business trip to a distant city? If the destination is known for its cultural attractions or recreational activities, you might want to combine your business with a little pleasure because the bulk of your expenses are deductible if you handle things the right way.
You head to the mailbox, eagerly anticipating your favorite magazine or a birthday card. Unfortunately, what you find is a letter from the Department of Treasury, Internal Revenue Service, also known as the IRS. The questions likely racing through your mind may be: What do they want from me? Is there an issue with my […]
The American Taxpayer Relief Act of 2012 brought many changes to the tax law and an increase in tax rates that haven’t been witnessed in years. While the Bush-era tax cuts that were enacted in 2001 were largely left unchanged, new and higher tax rates for “wealthy” Americans may result in tax increases for those […]