Tax & Business Services

John F Howes CPA




Posts Tagged With: Tax

$266 Million Missing – Is Some of This Your Money?

» by 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 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 »

New Property Tax Deduction for Non-itemizers

» by October 13th, 2008 at 12:46 pm » Comments (10)

Effective for the tax year 2008 (and now 2009 with the bailout bill), taxpayers who normally do not itemize deductions because their mortgage interest and other deductions do not exceed ...more »

Donations and Tax-Exempt Organizations

» by May 6th, 2008 at 12:43 pm » Comments (1)

The IRS recently released these guidelines concerning charitable contributions and tax-exempt organizations. The rules are being tightened up for deductions and filings from tax-exempt entities. Donations and Tax-Exempt Organizations Taxpayers who ...more »

Last Minute Tips

» by April 2nd, 2008 at 11:11 am » Comments (0)

Per the IRS: If you're trying to beat the tax deadline, there are several options for last-minute help: Receive a six-month extension of time to file using Form 4868, Application for Automatic ...more »

Common return mistakes

» by March 30th, 2008 at 5:11 pm » Comments (0)

Comes now the IRS to remind us of what not to do (using our services helps minimize errors): The IRS recommends reviewing your entire tax return to be sure ...more »
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