Posted from accountants « WordPre... 1 day 11 minutes ago
Accountants : Accountants Blogs
All Preparer Tax Identification Numbers from last tax season expired on December 31. The following PTIN news released today is about as surprising as trash trucks running late on the first trash day immediately after Christmas: The IRS said its PTIN system would continue to accept renewals after the... (original story)
Posted from Roth & Company, P.C. 1 day 11 minutes ago
Accountants : Accountants Blogs
Paul Neiffer explains: When a farmer sells their grain on a deferred sales contract into the next year, they can elect out of the installment method on the grain that is covered by that particular sales contract. The key point is that they have to elect out of all of the grain covered by the contr... (original story)
Posted from accountants « WordPre... 1 day 12 minutes ago
Accountants : Accountants Blogs
Hi all This is my first foray into the world of blogging. I’d like to start by introducing myself and a little about what you can expect from my blog now and in the future. There will be a fair amount around cloud computing, including information on virtual hosted desktops. I’ve been wor... (original story)
Posted from Roth & Company, P.C. 1 day 12 minutes ago
Accountants : Accountants Blogs
Your 1099s and W-2s should be hitting your mailbox. Maybe you've even gotten a stray K-1 already. So it's time to get serious about your 2011 1040. Kay Bell has a nice checklist to get you started. If you are having trouble finding all of the stuff you need to get your tax return done, maybe you... (original story)
Posted from accountants « WordPre... 1 day 12 minutes ago
Accountants : Accountants Blogs
Rita Keller advises public accounting firms and accountants all over the United States. Traveling back to Ohio recently from a strategic planning session at a firm in Alaska, Rita had time to think about some of the issues common to firms regardless of their geographic location. Managing partners, p... (original story)
Posted from accountants « WordPre... 1 day 13 minutes ago
Accountants : Accountants Blogs
Do you remember the bully from your school? I do. He lived next door to me and would wait for me as I walked to school. He would then push me into a bush or against a building and demand my lunch for the day. My mother had made that lunch for me and I held onto that sack for dear life. I w... (original story)
Posted from Our Taxing Times 1 day 13 minutes ago
Accountants : Accountants Articles
In a previous post, I talked about using educational expenses to qualify for the educational credits and deductions. But educational expenses can also be used to offset income or penalties on IRA distributions and savings bond redemptions. We currently have 2 types of IRAs which can be used to fund ... (original story)
Posted from Roth & Company, P.C. 1 day 13 minutes ago
Accountants : Accountants Blogs
Des Moines' red light cameras cost motorists at least $32,000 per accident "prevented" in the last six months of 2011, according to a lame statistics release by the Des Moines Police yesterday reported by the Des Moines Register: Des Moines police reported Tuesday the use of red light cameras in De... (original story)
Posted from accountants « WordPre... 1 day 13 minutes ago
Accountants : Accountants Blogs
So, I have been remiss in my blogging duties and haven’t posted since August 22. Recently, I chatted with a few people who pointed out that I was slacking on keeping up my blog. I was pleasantly surprised and secretly amazed to discover someone out there was actually reading this… and missed... (original story)
Posted from Roth & Company, P.C. 1 day 14 minutes ago
Accountants : Accountants Blogs
There's a lot to the Mitt Romney 2010 1040. 203 pages long, with over $20 million of adjusted gross income, it tells a story of a wealthy and sophisticated investor. The would-be GOP nominee also released some trust returns that feed into the 1040. There's a lot here, and far more than I should s... (original story)