by Harry Shurek | Sep 3, 2012 | Uncategorized
When you file a joint income tax return, the law makes both you and your spouse responsible for the entire tax liability. This applies not only to the tax liability you show on the return but also to any additional tax liability the IRS determines to be due, even if...
by Harry Shurek | Dec 26, 2011 | Uncategorized
The Internal Revenue Service today issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2018, the standard mileage rates for the use...
by Harry Shurek | Aug 24, 2011 | Uncategorized
Did you make a donation to a charity this year? If so, you may be able to take a deduction for it on your 2010 tax return. Here are the top 10 things the IRS wants every taxpayer to know before deducting charitable donations. Charitable contributions must be made to...
by Harry Shurek | Aug 19, 2011 | Uncategorized
You may not be thinking about your tax return right now, but summer is a great time to start planning for next year and to make sure your records are organized. Maintaining good records now can make filing your return a lot easier and it will help you remember...
by Harry Shurek | Jul 23, 2011 | Uncategorized
Every year, the Internal Revenue Service puts out a list of the worst tax scams and schemes that are pulled by either dishonest taxpayers, or in some cases, tax preparers. Below are some excerpts from an article they put out which highlights the areas that are...