Tax Guru-Ker$tetter Letter
Tuesday, February 08, 2005
Understanding Small Business Tax Deductions
Selecting a Tax Preparer is as Important as Choosing a Doctor – An analogy I frequently use when people ask for one size fits all advice. Diagnosing a tax problem in a general forum doesn’t work.
IRS Has $2 Billion for People Who Have Not Filed a 2001 Tax Return – One of the worst double standards in the tax system. If you owe tax, that debt follows your forever and beyond (your heirs). If you have a refund coming to you, it’s forfeited if you don’t file a tax returns and claim it within three years. It becomes a gift to Uncle Sam.