by GruffyGoat Team | Oct 15, 2012 | Uncategorized
During the last year, several rulings were made that affect S corporations. AICPA just published an article in The Tax Adviser that outlines what these rulings were and offers suggestions for tax planning in light of the changes. We’re summarizing these rulings...
by GruffyGoat Team | Oct 12, 2012 | Uncategorized
It’s almost Halloween, and this season has me thinking about vampires. (My family all dressed as vampires last Halloween.) Here are the garlic, holy water, and crucifix to the IRS’s Dracula – three things to keep the IRS away: Keep good records. I...
by GruffyGoat Team | Oct 3, 2012 | Uncategorized
Many people are asking themselves this question after thousands of Citibank customers were issued 1099-MISC forms to report the value of frequent flyer miles they were given as a bonus for signing up for new credit card accounts. Two Citibank customers have filed...
by GruffyGoat Team | Oct 1, 2012 | Uncategorized
Most people expect to have access to deposited money the day after the deposit. But banks are permitted by their regulators to place a hold on large deposits that contain checks, and hold time can vary significantly from bank to bank. This is the law that...
