by GruffyGoat Team | May 30, 2014 | Uncategorized
The New York Post reported earlier this year that a taxpayer who tripped over a telephone cord during an audit sued the IRS and won $862,000. And he doesn’t have to pay taxes on his windfall. The man was in the middle of working out a repayment deal...
by GruffyGoat Team | May 27, 2014 | Uncategorized
We’re happy to introduce our newest employee, Minerva Cespedes. Minerva started with us as a bookkeeper on May 19th, and she’s jumped right into helping our clients. She began bookkeeping in 1983 and has worked for private firms as well as CPA firms. Her...
by GruffyGoat Team | May 22, 2014 | Uncategorized
If you’re freelancing, the tax waters can be a little murkier than if you’re running a bigger business: you might work from home, use items for both business and personal purposes, and drive your car for business reasons. How can you reduce your tax burden...
by GruffyGoat Team | May 19, 2014 | Uncategorized
If you find the tax code overwhelming, you’re in good company. Donald Rumsfeld, although a smart individual who served as secretary of defense under Gerald Ford and George W. Bush, says he has no idea if he’s paid his taxes properly. In fact, Rumsfeld...
by GruffyGoat Team | May 15, 2014 | Uncategorized
When you inherit an IRA, you have several options for withdrawing money. Some of those options come with big tax bills attached, while others don’t. Kiplinger recently outlined the rules for inherited IRAs, which vary depending on if the...
