Deducting Your Job Search Expenses

In recognition of the fact that many people are job hunting during the summer months, the IRS has released seven things you should know when considering deducting job search costs: http://www.irs.gov/uac/Newsroom/Job-Search-Expenses-May-Lower-Your-Taxes We are...

Tax Benefits for Armed Services Personnel

Members of the U.S. Armed Forces should take notice of the special tax benefits that may apply to them.   A summary of ten of these benefits can be found below: http://www.irs.gov/uac/Newsroom/Special-Tax-Benefits-for-Armed-Forces-Personnel-1 Let us know if you need...

Serving Others Away from Home

Many clients spend part of their summers volunteering for charities as part of service projects away from home.  If this is part of your schedule this summer, click here to read the IRS information on qualified itemized deductions for unreimbursed travel expenses:...

Five Basic Tips on Starting a New Business

The IRS has released its top five tips on federal tax responsibilities of starting a new business.   To see their “Top 5”, click here: http://www.irs.gov/uac/Newsroom/Tax-Tips-if-You-Are-Starting-a-Business If you are starting or expanding your business,...

Tax Updates for the Vero Beach Market

The FICPA hosts podcasts on the recent federal tax updates. Click the following link http://www.ficpa.org/Content/News/FederalTaxPodcasts/Articles/01092012.aspx to listen to the podcast. If you have any question as to how these changes affect your tax position, please...