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Monthly Archives: January 2012

Fear of the IRS Unknown

Fear of the unknown at tax time can be overwhelming for some.  But it doesn’t have to be. The important thing is to get your “information” together.  Information such as w-2′s, 1099′s, summaries of medical expenses, prescriptions, real estate taxes, … Continue reading

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IRS takes tough stance on evidence for auto expense deduction

Let’s begin by saying that you can’t estimate your mileage. You can’t tell your tax preparer that it’s the same as last year.  The tax rules require that taxpayers must substantiate their deductible business mileage by documenting when, where and … Continue reading

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