Posts Tagged ‘economic stimulus’
Tuesday, April 21st, 2009
I recently appeared as the tax expert on Financial Lifeline Radio with hosts Dave Harbison and John March.We talked about all the tax buzz this year. It’s almost become a cultural movement in this bad economy with everyone struggling with tax debt - we’re seeing all the tax tea parties and stimulus packages making headlines.
Not to mention, it seems like you must have tax problems to be nominated by the
Tags: bank levies, dave harbison, delinquent tax returns, economic stimulus, failing to file federal tax return, financial lifeline radio, IRS help, john march, Michael Rozbruch, stimulus PAYMENT, tax attorney, tax audits, tax cheats, tax debt, tax expert, tax help, tax problems, tax resolution, tax resolution expert, tax resolution services, tax tea parties, unfiled tax returns
Posted in Tax news and tips | 1 Comment »
Monday, March 2nd, 2009
The American Recovery and Reinvestment Act includes approximately $300 billion of net tax cuts. The new stimulus act includes tax provisions that may impact you and your small business. You will want to familiarize yourself with the plan’s new tax relief provisions.
Several key tax provisions include:
New 5-year net operating loss (NOL) carryback rule.
Deferral of certain income from the discharge of indebtedness
Extension of the existing bonus depreciation rules, which allows businesses
Tags: economic stimulus, economic stimulus plan, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, recovery and reinvestment tax act, small business taxes, stimulus plan, tax attorney, tax breaks, Tax Cuts, tax debt, tax expert, tax help, tax relief, tax relief provisions, tax resolution, tax resolution expert, tax resolution services, Tax Tips
Posted in Tax news and tips | No Comments »
Monday, March 2nd, 2009
The IRS is implementing tax-related provisions of this new program as quickly as possible. I recently blogged about how this new economic stimulus law could affect your tax bill, and how heightened tax compliance efforts could impact small businesses.
The IRS has outlined key highlights of the plan as follows:
COBRA: Health Insurance Continuation Subsidy. The IRS has extensive guidance for employers, including an updated Form 941, as well as information for qualifying
Tags: american recovery, economic stimulus, homebuyer credit, IRS enforcement, IRS help, IRS problem solver, irs problems, Michael Rozbruch, recovery program, reinvestment act, small business, small business tax advice, tax attorney, tax compliance, tax expert, tax help, tax relief, tax resolution expert, tax resolution services, tax returns, Tax Tips
Posted in Tax news and tips | 1 Comment »
Friday, February 27th, 2009
I recently blogged about the new economic stimulus package and how it affects your IRS bill. In addition to funding deficit-reduction activities, the federal government is looking at ways to close the tax gap by taking a closer look at employment tax returns.
According to the most recent estimates, payroll tax mistakes cost the IRS $15 billion – and tax experts agree that today’s figure is much greater! For several years
Tags: Back Taxes, economic stimulus, employment tax returns, employment taxes, IRS audits, IRS debt, IRS enforcement, IRS help, IRS problem solver, IRS tax problems, Michael Rozbruch, payroll tax business, Payroll Tax Problems, Payroll Taxes, tax audits, tax compliance, tax expert, tax gap, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, trust fund recovery penalty
Posted in Tax news and tips | 5 Comments »