New 2011 1099-K Reporting Now Effective

  • January 13, 2012

Effective for the tax year 2011, there are significant changes for businesses that pay vendors via credit card or accept credit...

Involuntary Conversion for Residence and Personal Property

  • January 11, 2012

written by Jay Logal On May 22, 2011 many people in our area experienced not only a devastating tornado, but also...

Income Tax Seminar for Mary Kay Consultants

  • January 9, 2012

To view the notes and guidelines from Judy Gann’s presentation, please click on the link below. Income Tax Seminar for Mary...

Young Children and Tax Credits

  • January 4, 2012

This is article number six in our series of Tax Credits. Click here to read the previous articles. Child and Dependent...

Missouri Small Business Deduction

  • January 4, 2012

written by Melinda Thurman Recently, Missouri added a small business income tax deduction applicable for all tax years beginning 01/01/2011 and...

Looking Back: Top 10 Federal Tax Developments of 2011

  • January 4, 2012

Looking back over 2011, the IRS, Congress and the courts made many tax decisions impacting taxpayers of all types. Some tax...

IRS Revises Regulations for Capitalization of Tangible Assets

  • January 4, 2012

Just before year-end 2011, the IRS issued much-anticipated revised regulations on the capitalization of tangible assets. The IRS withdrew proposed regulations...

Payroll Tax Cut Extended Two-Months and Other Temporary Incentives Expire

  • January 4, 2012

As 2012 gets underway, Congress has extended the employee-side payroll tax cut but a laundry list of tax incentives have expired...

Early Planning Can Make 2012 Filing Season Easier

  • January 4, 2012

The new year brings a new tax filing season. Mid-April may seem like a long time away in January but it...