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IRA, SEO, SIMPLE and 401(k) Plans Whether your retirement days are near or far, you should be aware of...

To take a business deduction for the use of your car, you must determine what percentage of the vechile...

Travel expenses are “ordinary and necessary” expenses while away from home for the primary purpose of business. Keep all...

If you use part of your home for business, you may be able to deduct expenses for the business...

Entertainment includes any activity generally considered to provide entertainment, amusement, or recreation. Generally, to be deductible for tax purposes,...

If you give gifts in the course of your trade or business, you can deduct all or part of...

Calendar vs. Fiscal Each taxpayer must figure taxable income on the basis of an annual accounting period for keeping...

With the resolution of the year-end fiscal crisis just hours old, the next political confrontation is already taking shape...

On Dec. 31, 2012, the United States government officially hit its current authorized borrowing limit — also known as...

Certainly you have heard about both the House and the Senate signing the American Taxpayer Relief Act due to...

Below is a summary of many of the key provisions of the Act. Interesting how the Act, when netted...

Pulling back from the “fiscal cliff” at the 13th hour, Congress on Tuesday preserved most of the George W....

If you did not contribute the 2012 maximum to your IRA by December 31, 2012, and you make any...

The amount you can contribute to your retirement plan increases in 2013. The 401(k) maximum salary deferral increases from...

It happens to butchers, bakers, and candlestick makers. It probably happens in your business, too: A customer doesn’t pay...

If you’re not sure what the “saver’s credit” is, you’re not alone. Members of the Senate Finance Committee believe...