Tax & Business Services
John F Howes CPA
Posts Tagged With: Business
Homebuyer Tax Credits – What Are We Doing?
» by admin November 9th, 2009 at 1:58 pm » Comments (0)
My son recently purchased his first home. After making his downpayment, the US government gave him an extra $3000 (the $8000 tax credit less his $5000 down payment) in cash ...more »$122,783.51 IRS refund issued in error
» by admin August 26th, 2009 at 5:20 pm » Comments (0)
One of my clients gets an adjustment of his taxes by the IRS which I know is incorrect. It is a very small amount and it entails payroll taxes on ...more »You are Now Getting a Stimulus Check from the Government Every Payday
» by admin April 25th, 2009 at 12:57 pm » Comments (0)
Theoretically speaking that is. This is to clear up some confusion regarding the recent "tax cut" that became effective April 1, 2009. You will not be getting a ...more »Significant 2009 Tax Break for Purchase of a New Vehicle
» by admin March 31st, 2009 at 11:34 am » Comments (1)
[caption id="" align="alignright" width="202" caption="Compressed Air Car Image via Wikipedia"][/caption] The IRS just announced the new "above the line" tax deduction for the sales tax on the purchase of a NEW ...more »S Corporation – Officer Wage Trap
» by admin January 8th, 2009 at 2:10 pm » Comments (4)
[caption id="" align="alignright" width="202" caption="Average salaries of faculty of California State University faculty 2007"][/caption] There has been considerable controversy and misinformation regarding S corporations and wages paid to officers of the ...more »$266 Million Missing – Is Some of This Your Money?
» by admin October 29th, 2008 at 12:55 pm » Comments (0)
$266 million is the amount of money the Internal Revenue Service is holding because the refunds checks were returned to the IRS due to the address for the taxpayer not ...more »LLCs, Corporations, Partnerships, Sole Proprietorships and Taxes
» by admin October 26th, 2008 at 12:07 pm » Comments (3)
There is a lot of confusion about Limited Liability Companies (LLCs) versus other types of business entities. From strictly a tax standpoint, a limited liability company is not recognized in ...more »
