“No good deed goes unpunished.” My husband loves to give me this warning all the time. An unfortunate Waffle House waitress in Alabama and her customer found this out the hard way. Tonda Lynn Dickerson won $10 Million when a frequent customer gave her the winning lottery...
Deadline Approaching...
posted by Kim Luu
The new Health Care Reform law will bring a lot of changes, and potentially a lot of added costs, to certain businesses if it is implemented as currently legislated. These costs won’t be evenly shared, either. For unlike small and medium sized businesses, most large corporations and...
Are You Donating to ...
posted by Kim Luu
The IRS recently took away the tax exempt status of several hundred thousand charities. If you are on the board of a non profit organization, it is critical to make sure that you protect yourself by checking up on the tax status. As a director, you have personal liability for the oversight...
Fake IRS Phishing Em...
posted by Kim Luu
If you own a business or make a high income, you pay your quarterly taxes by electronic transfer through EFTPS or by going to the bank and submitting a tax payment for transfer. Either way, criminals are now targeting you by sending emails that look very much like an IRS notice. These...
Secret Tax Increases...
posted by Kim Luu
When you look past the federal income tax rate cuts , there are several significant hidden tax increases and invisible taxes coming in 2011 that will negatively impact the average American tax payer. Not surprisingly, the corporate media has mostly ignored the following tax issues: 1) ...