Are You Paying Unnecessary Taxes on Your Fuel?

If your business purchases fuel to power vehicles and equipment for off-road activities, you may be eligible for a substantial tax refund. For every gallon of fuel purchased, there is a federal tax included in the cost. This tax is used to fund state highway production and other infrastructure improvements

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Start planning now for potential tax changes

It has been referred to as “Taxmageddon” and the “2013 tax cliff.” Whatever you want to call it, significant changes will occur to the federal tax code at the beginning of next year – at least as things stand now. 2013 Tax Cliff Of course, the outcome of the presidential

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IRS to track all 1099s

Beginning this year, corporations must report on their corporate tax return if they are required to file Form 1099 and whether they have filed all that are necessary. The IRS added the following question to the 2011 return in order to better track the 1099s that are not being filed:

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Time to Re-Think Traditional Tax Strategies?

We have already seen major tax changes this year, and more are almost certainly coming. Through all of the changes to date, the 2010 federal income tax environment is still quite favorable. However, we may not be able to say that for 2011 and beyond. Therefore, tax planning actions taken

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