2010–The year of change and uncertainty! Health care reform! What does that have to do with taxes? 1099s for everyone? What is that? Bush tax cuts expiring? How will that affect me? More regulations on tax preparers? Does that matter to me? Red flag rule? What’s that? Not to mention, our government faces a record deficit and the Internal Revenue Service is looking to close what they perceive as a huge tax gap (the difference between what is actually reported and what should have been reported)!
Click here to download my letter for individuals that discusses many of the new laws, things of interest, changes in the way we must do business, etc. It was our goal to organize it in a way that you can easily locate those areas that are of interest to you. We encourage you to read the entire document as there could be items that apply that you do not expect.
Click here to download the Business Tax Newsletter.