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Electing To Capitalize Expenses Can Pay Off On Sale

Electing To Capitalize Expenses Can Pay Off On Sale

Originally published on Forbes.com May 13th, 2013 Generally if you can deduct something in computing taxable income, you want to deduct it as soon as possible.  We used to be fanatical about it when money actually earned interest.  Sometimes, though, deductions will...
Brooklyn Grandmother Wins On Dependency Exemption

Brooklyn Grandmother Wins On Dependency Exemption

Originally published on Forbes.com May 12th, 2013 Nothing like a grandmother beating the IRS in Tax Court to cheer one’s heart on Mother’s Day.  Even better she did not have to hire a lawyer.  Joyce Coultman was a nurse practitioner living with her...
IRS Troops Will Take To The Street On Seventh Day In May

IRS Troops Will Take To The Street On Seventh Day In May

Originally published on Forbes.com May 2nd, 2013 Somehow the idea of tax collectors out in the street protesting seems just a little odd, but that is what will be happening on May 7th.  The rally will be held at 26 Federal Plaza in Manhattan, site of the Jacob K....
Ohio Businesses Should Brace For Use Tax Tsunami

Ohio Businesses Should Brace For Use Tax Tsunami

Originally published on Forbes.com May 2nd, 2013 Ohio businesses had a chance to avoid large penalties and interest for unpaid use tax.  The window of opportunity closed yesterday as the zeroes on this   count down clock  show. In the controversy over whether on-line...