IRA CONVERSION STRATEGIES
TRADITIONAL IRA TO A ROTH IRA CONVERSION STRATEGIES As the end of 2009 approaches, a significant opportunity awaits many individuals. Beginning in 2010, taxpayers will be able to convert their...
View ArticleWho’s Afraid of the Big Bad Wolf?
I just attended an intensive training program on dealing with the IRS. One of the instructors, at prominent tax lawyer, said that, based on his experience, about 15% of the U.S. population becomes...
View ArticleFIRST TIME HOMEBUYER’S CREDIT EXPIRING
The American Recovery and Reinvestment Act included up to an $8,000 credit for first time homebuyers (the credit is actually 10% of the value of the home purchased, up to $8,000). A first time...
View ArticleLUCKY DUCK!
How many times in your life have you said something like “wow, why does she get all the luck?” Or, I sure wish I had her luck. No matter what she does, she makes money. No matter what he does, he...
View ArticleFIRST TIME HOMEBUYER’S CREDIT EXTENDED
The much used first time homebuyer’s tax credit has received congressional approval and has just been signed by the President . The measure was included in H.R. 3548, extension of unemployment...
View ArticleIRS Stepping up Audits
I expect to see a significant increase in the number of audits by the IRS. The trend has been upward for several years now and I expect that to continue. As I have previously stated, one of the...
View ArticleIRS AUDITS
IRS AUDITS The IRS is stepping up audits of taxpayers at a rapid pace. Each of the past several years there has been a significant addition of Revenue Agents (RA) and Revenue Officers (RO); those...
View ArticleBusiness Expenses
TIS THE SEASON TO DO TAX PLANNING TAKE ALL THE LEGITIMATE BUSINESS EXPENSES YOU CAN Some might say that the list of potential business expenses is limited only to what the mind can perceive. That...
View ArticleHow To Get A Free Harvard MBA For Solopreneurs
Rarely do we find a gem that provides a magic elixir that can help a business grow and provide solopreneurs with uncanny business acumen; almost like having a Harvard MBA at your beck and call. Do you...
View ArticleTax Advice for Year-End 2012
Each and every one of you has a different financial situation, so giving generic tax advice is difficult. But here are some basic things to consider if you are in a position to invest, have a business...
View Article
