If you are looking for last minute tax credits for Arizona state taxes you will be glad to see these! Take a quick look before December 31st BUT its not too late if you wait until April 15th! 1. Qualifying Charitable Organizations Maximum Credit: $400 for a married couple filing jointly Contribution Deadline: December 31 List [...]
I am a firm believer in a couple of things. If you keep doing what you always do, you get the same results you always have. Life is too short to keep doing things that aren’t working. Your business and life changes constantly. I think now more than ever I struggle to [...]
The magic word is “please”. That is what we are taught growing up. My parents at a very young age always reminded me to say please and thank you as that was the polite way of expressing gratitude and appreciation. Now, my oldest daughter reminds me of my rude and bossy language and adds [...]
If you are one of the many individuals or families who purchase their health insurance through the federal or a state government health insurance marketplace and are receiving an advance premium tax credit (subsidy of premium available to those with low to moderate income) to help you pay the cost of that insurance, you should [...]
It is not joy that makes us Grateful, it is gratitude that makes us Joyful. This is the week of Thanksgiving and I wanted to write about all the wonderful things that I am grateful for….. In striving for success we all forget to stop and sometimes smell the roses. Its only when we stop [...]
More than 50 tax provisions that Congress routinely extends on a yearly basis expired at the end of 2014. The big problem is, each year they are extending the provisions later and later in the year, creating uncertainty for taxpayers on whether they can depend on these tax incentives or not. This makes tax [...]
One area where most small business owners can improve their cash flow is in billings and collections. A thorough credit check before you offer payment terms is not enough. Here are the six best practices that can make a real difference in your cash balance at the end of every month. 1. Get it [...]
If the IRS kept all or a portion of the federal refund you were expecting, it may be because you owe money for certain delinquent debts. If that is true, the IRS or the Department of Treasury's Bureau of the Fiscal Service (BFS), which issues IRS tax refunds, can offset or reduce your federal tax [...]
If you are considering starting a business, the simplest and least expensive form of business is a sole proprietorship. A sole proprietorship is a one-person business that reports its income directly on the individual’s personal tax return (Form 1040) using a Schedule C. There is no need to file a separate tax return as is [...]
Recently, I attended a conference! Yes, another one….. There are a lot of smart people to learn from…. This conference was all about building confidence in networking, changing your mindset and too many other subjects to list. One of the breakout sessions I was able to be a part of was a master mind. [...]