If an employer fails to pay withholding taxes to the federal government, the IRS has the power to assess a 100% personal penalty against corporate officers, partners, or any company employee whose responsibility is to collect, report, or pay the withholding tax. Read More
Monthly Archives: February 2016
Review Your Personal Carryovers From One Year To The Next
Review your personal carryovers from one year to the next. Read More
Survival Marketing: When The Economy Goes Down, Make Your Sales Go Up
One of the biggest mistakes you can make is to cut back on your marketing effort when the economy show signs of weakening. Read More
Living Trust May Be An Estate Tax Trap
Living trust may be an estate tax trap. Read More
The Unbreakable Rules Of Successful Money Management
There’s no real secret to managing your money wisely. Read More
Using Your Family To Lower Your Taxes
It’s possible to realize substantial tax savings by shifting income from family members in high tax brackets to family members in low or zero tax brackets. These are the best strategies. Read More
Tax Point
Deduct personal property donated to charity. Read More
How To Delegate Successfully
Delegating responsibility is one of the keys to good management. Here are some principles to follow for effective delegation. Read More
Premiums Paid On The Purchase Of Taxable Bonds
Premiums paid on the purchase of taxable bonds may be written off over the term of the bond. Read More