Tax Humor

A little boy wanted $100.00 badly and prayed for two weeks but nothing happened. Then he decided to write a letter to the Lord requesting the $100.00 When the postal authorities received the letter addressed to Lord USA, they decided to send it to the President of the United States. The President was impressed, touched … Continue reading Tax Humor

Financial Freedom are we ever really FREE?

financially free means having zero tie-ins to anything financial. In fact, the multi-factors include your income, debt and expenses. Being free, financially, means you can maintain your desired lifestyle without a regular paycheck. In other words, financial freedom is the 21st-century definition of retirement. How much money does one need to be financially FREE? Tools to LIVE by to become … Continue reading Financial Freedom are we ever really FREE?

Mileage and Travel Laws take affect

Move related vehicle expenses Un-reimbursed employee expenses Vehicle expensing Changes to the deduction for move-related vehicle expenses The Tax Cuts and Jobs Act suspends the deduction for moving expenses for tax years beginning after Dec. 31, 2017, and goes through Jan. 1, 2026. Thus, during the suspension no deduction is allowed for use of an automobile … Continue reading Mileage and Travel Laws take affect

Employment Law-Family leave

  A TREND TO WATCH Is Your Business Ready for Paid Family Leave? What You Need to Know Paid family leave has recently become a hot topic, not just for Democrats but also for Republicans. The lucky few employees who already have  access to paid family leave are paid fully or partially for long leaves from work … Continue reading Employment Law-Family leave

IRS accepting applications for 2019 Low Income Taxpayer Clinic grants

Issue Number:    IR-2018-121 Inside This Issue WASHINGTON — The Internal Revenue Service today announced that the application period for Low Income Taxpayer Clinic (LITC) grants for calendar year 2019 will run from May 16, 2018, to June 27, 2018. The LITC program is a federal grant program administered by the Office of the Taxpayer Advocate at the IRS, … Continue reading IRS accepting applications for 2019 Low Income Taxpayer Clinic grants