Posts tagged as:

Tax preparation

What is NOT Deductible?

by Lynnea Bylund on April 12, 2013 · 1 comment

Remember the classic joke about the tax lawyer BAR multiple choice test question in the Tom Cruise movie, The Firm? … The difference between legal tax avoidance and illegal tax evasion is … a) Ten years in Leavenworth b) A smart tax attorney c) Whatever the IRS says it is d) All of the above […]

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How To Understand Social Security & Other Tax ‘ID’ Numbers

by Lynnea Bylund on June 24, 2012 · 1 comment

Social Security numbers, initially created by the Social Security Administration in November 1935, the numbers were issued to help administer Roosevelt’s New Deal Social Security program, otherwise known as the Social Security Act. The purpose of the Act – coming out of the Great Depression – was to provide benefits to retirees, the unemployed, certain […]

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Avoiding the IRS Tax Audit Seven Red Flags

by Lynnea Bylund on March 24, 2012 · 1 comment

The lion share of IRS audits last year — 1.2 million — were done by mail. Only 392,000 involved an in-person meeting with the IRS. That’s not necessarily good news.   Taxpayers overall face a low audit risk: The IRS audited 1.1% of all individual tax returns filed in 2010, or 1.6 million returns of 141 […]

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Should You Prepare Your Own Taxes?

by Lynnea Bylund on January 31, 2012 · 4 comments

Should You Prepare Your Own Taxes? Should you fix your own car or plumbing? It seems you can’t go anywhere without seeing or hearing advertisements for the easiest, most cost effective and secure way to file your Federal Income Tax return. But how do you make the decision what way is best for you? Should […]

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What About Cloud Hosting Your Tax Software?

by Lynnea Bylund on December 6, 2011 · 1 comment

Application hosting is not limited to QuickBooks and Microsoft products any longer.  Kacee Johnson at Cloud9 Real Time Explains – The Cloud9 virtual server solution provides clients with a private cloud to host all their desktop applications including Tax Software, Time & Billing programs, CRM systems etc. Tax software hosting allows users to access the […]

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