TAX CALENDAR
MARCH 2013 March 15 Corporations. File a 2012 calendar year income tax return (Form 1120), and pay any tax due. If you want an automatic six-month extension of time to file the return, file Form [...]
Passing the Tests for Entertainment Deductions
If you’re a business owner, you probably entertain customers, prospects, employees, suppliers, and others. Such outlays may be deductible, whereas others are in a grey area. If you know the [...]
Do Well While Doing Good With a Charitable
You may want to “give something back,” with a substantial charitable donation but fear relinquishing assets you’ll need for living expenses. In this situation, consider funding a charitable gift [...]
Tax-Free Gains From Home Sales
The National Association of Realtors recently reported that the median sales price of an existing single family home was around $180,000 in late 2012. That’s down from the peak years of [...]