41,567 members  •  274 online now

Aaron's Accounting and Taxation Blog

Smart Uses for Your Tax Refund

Smart Uses for Your Tax Refund's picture
by Aaron Blau (Mar 14, 2015)

How should you spend your tax refund?

Still Time to Fund a 2013 IRA

Still Time to Fund a 2013 IRA's picture
by Aaron Blau (Feb 14, 2015)Contributions Made through April 15, 2014 Can Be Deductible for 2013  

The Marriage Penalty

The Marriage Penalty's picture
by Aaron Blau (Dec 15, 2014)

The marriage penalty exists whenever the tax on a couple's joint return is more than the combined taxes each spouse would pay if they weren't married and if each filed his or her own single or head of household return.

Can I deduct my home computer?

Can I deduct my home computer?'s picture
by Aaron Blau (Nov 15, 2014)

The deductibility of the cost of buying and operating a home computer, including related equipment such as printers, drives, scanners, modems, etc., depends on how you use the computer.

What kind of expenses are deductible when travelling for business?

What kind of expenses are deductible when travelling for business?'s picture
by Aaron Blau (Oct 14, 2014)

The actual costs of travel (e.g., plane fare, cab to airport, etc.) are deductible for out-of-town business trips. You are also allowed to deduct the cost of meals and lodging.

Time to Start Organizing Your Deductions

Time to Start Organizing Your Deductions's picture
by Aaron Blau (Sep 18, 2014)

A deduction is an expenditure that will reduce your taxable income. There are two kinds of deductions: adjustments to income and itemized deductions. The adjustments to income are the better of the two, as they reduce adjusted gross income, or "AGI." Itemized deductions reduce your taxable income.

 

First, we will look at some adjustments to income.

 

Making Estimated Taxes with EFTPS

Making Estimated Taxes with EFTPS's picture
by Aaron Blau (Sep 19, 2013)

crossposted from www.blauco.com.

 

Business taxpayers who remit payroll taxes know about the mandatory use of the EFTPS, the Electronic Federal Tax Payment System, but individual taxpayers also are eligible to use the system as well!

<p style="text-align: center;"><a href="http://www.eftps.gov"><img class="aligncenter  wp-image-1695" alt="EFTPS" src="http://blauco.com/wp-content/uploads/2013/09/EFTPS.png" width="507" height="280" /></a></p>

The Power of the Beneficiary Deed in Estate Planning

Recent Popularity
0.5
The Power of the Beneficiary Deed in Estate Planning's picture
by Aaron Blau (Jul 25, 2013)

Recently I took questions from two different clients concerning end-of-life planning, and specifically how it relates to the transfer of Real Estate.

Taxes & College Football

Taxes & College Football's picture
by Aaron Blau (Jul 18, 2013)

(Crossposted from www.blauco.com)

phpmyadmin-creditcardexport